Why is Ankit Met.Power falling/rising?

As of 08-Oct, Ankit Metal & Power Ltd's stock price is currently at 1.98, reflecting an increase of 0.09 or 4.76%. The stock has shown a positive trend recently, gaining for the last two days with a total return of 8.79% during this period. Additionally, it has outperformed its sector by 5.53%. However, despite this recent uptick, the stock has experienced significant declines over longer periods, with a year-to-date drop of 57.96% and a three-year decline of 66.89%. Notably, there has been a drastic decrease in investor participation, as evidenced by a 97.95% drop in delivery volume compared to the five-day average, which may indicate waning interest despite the recent price increase.
In the broader market context, Ankit Metal & Power Ltd's short-term performance over the past week shows a gain of 1.54%, which is higher than the Sensex's increase of 0.98%. However, the stock's longer-term performance contrasts sharply with the benchmark, as it has underperformed significantly over the past month, year, and three years. The stock's current price movement, while positive in the short term, is overshadowed by its substantial declines in the longer term, suggesting that while there may be short-lived gains, the overall market sentiment remains cautious.