Why is Amraworld Agrico falling/rising?

As of 05-Sep, Amraworld Agrico Ltd's stock price is currently at Rs 0.91, reflecting an increase of Rs 0.02 or 2.25%. The stock has shown a trend reversal, gaining after eight consecutive days of decline. Despite this recent uptick, it is still trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a generally bearish trend. The stock is also close to its 52-week low, just 4.4% away from Rs 0.87. In terms of performance against the benchmark, the stock has underperformed significantly over the past month and year, with returns of -9.00% and -20.87%, respectively, compared to the Sensex's flat performance over the same periods. Additionally, there has been a notable decline in investor participation, with delivery volume dropping by 44.58% against the 5-day average.
In the broader market context, the stock's short-term performance has lagged behind the Sensex, which has gained 1.13% over the past week. While Amraworld Agrico's recent rise may suggest a potential recovery, the overall negative returns year-to-date and over the past year highlight ongoing challenges for the company. The liquidity of the stock remains adequate for trading, but the significant drop in delivery volume indicates waning investor interest, which could hinder any sustained upward momentum. Overall, while the stock has experienced a slight increase, the underlying trends and market conditions suggest caution for investors.