Why is Asahi Songwon falling/rising?

As of 06-Oct, Asahi Songwon Colors Ltd is experiencing a price increase, with its current price at 303.05, reflecting a rise of 20.1 or 7.1%. The stock has shown a positive performance today, outperforming its sector by 7.7%, and it has been on a consecutive gain for the last two days, accumulating a total return of 9.62% during this period. Despite this recent uptick, the stock's year-to-date performance remains negative at -18.61%, and it has declined by 32.95% over the past year. The stock is currently trading above its 5-day and 20-day moving averages, although it remains below its longer-term moving averages. Additionally, there has been a notable decrease in investor participation, with delivery volume falling by 55.66% against the 5-day average, which may indicate a lack of sustained interest.
Broader Market Context: In comparison to the benchmark Sensex, which has gained 1.77% over the past week, Asahi Songwon's return of 8.08% indicates a stronger short-term performance relative to the broader market. However, the stock's year-to-date decline contrasts sharply with the Sensex's positive return of 4.67%, highlighting a significant divergence in performance over a longer timeframe. This suggests that while the stock is currently experiencing a rebound, its overall trend remains concerning when viewed in the context of the broader market's stability and growth.