Why is Amit Internation falling/rising?

As of 17-Sep, Amit International Ltd's stock price is currently at 3.92, reflecting an increase of 0.17, or 4.53%. The stock has shown a positive trend today, gaining after two consecutive days of decline. It has outperformed its sector by 3.75%. However, despite this upward movement, the stock's delivery volume has significantly decreased by 79.86% compared to the 5-day average, indicating falling investor participation. Over the past week, the stock has increased by 7.99%, while its year-to-date performance remains negative at -11.51%.
In the broader market context, the stock's recent performance has outpaced the Sensex, which has only risen by 1.56% over the same week. However, the stock's year-to-date return is notably worse than the benchmark's gain of 5.83%. While the stock is currently trading above its 5-day and 50-day moving averages, it remains below its 20-day, 100-day, and 200-day moving averages, suggesting mixed signals regarding its longer-term trend. Overall, the recent rise in price may be attributed to short-term recovery efforts, but the significant drop in trading volume and negative year-to-date performance raises concerns about sustained investor interest.