Why is Amkay Products falling/rising?

As of 22-Sep, Amkay Products Ltd is currently priced at 51.50, reflecting an increase of 0.5 (0.98%). The stock has been gaining over the last two days, with a total rise of 3% during this period. However, it has underperformed in the longer term, with a year-to-date decline of 17.47% compared to a 5.15% increase in the benchmark. The stock's performance today has outperformed its sector by 3.83%, despite the medical equipment sector experiencing a decline of 2.85%. Additionally, there has been a notable drop in investor participation, with delivery volume falling by 23.08% against the 5-day average, indicating a potential concern regarding liquidity and interest in the stock.
Broader Market Context: In the short term, Amkay Products has shown a decline of 1.90% over the past week, while the Sensex has increased by 0.46%. This suggests that the stock is not only struggling to keep pace with the broader market but is also facing challenges in attracting investor interest, as indicated by the erratic trading patterns and reduced delivery volumes. The stock's moving averages indicate that it is currently above the 100-day moving average but below the shorter-term averages, which may reflect mixed sentiment among investors. Overall, while there has been a slight uptick in the stock price recently, the broader context reveals significant challenges that could be impacting its longer-term performance.