Why is Artefact Project falling/rising?

As of 18-Nov, Artefact Projects Ltd is experiencing a price increase, currently at Rs 61.72, which reflects a change of 1.53 or 2.54% upward. The stock has shown a trend reversal by gaining after two consecutive days of decline, and it outperformed its sector by 3.48% today. Despite this positive movement, the stock has underperformed in the longer term, with a year-to-date decline of 25.20% compared to the Sensex's gain of 8.36%. Additionally, the stock is trading below its moving averages across various time frames, indicating a generally bearish trend. However, there has been a notable increase in investor participation, with delivery volume rising significantly by 182.8% against the five-day average, which may suggest a growing interest among investors.
Broader Market Context: In the short term, Artefact Projects Ltd has underperformed the benchmark Sensex, which has gained 0.96% over the past week while the stock has declined by 1.36%. This contrast highlights the challenges the company faces in the current market environment, despite today's positive movement. The broader market context shows that while Artefact Projects is experiencing a temporary rebound, its overall performance remains weak compared to the benchmark, reflecting broader investor sentiment and market conditions.