Why is Ashirwad Cap. falling/rising?

As of 18-Sep, Ashirwad Capital Ltd is currently priced at 3.49, reflecting a slight increase of 0.01 or 0.29%. The stock is trading lower than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend in the short term. Despite this, there has been a notable rise in investor participation, with a delivery volume of 59.9k on 17 September, which is up by 17.29% compared to the 5-day average. The stock has experienced significant declines over the past year, with a year-to-date drop of 29.78% and a one-year decline of 31.57%, suggesting ongoing challenges despite the recent uptick in price.
Broader market context shows that Ashirwad Capital's performance has lagged behind the Sensex, which has gained 1.80% over the past week and 2.14% over the past month. The stock's negative returns over the longer term, particularly a 29.78% decline year-to-date compared to the Sensex's 6.24% increase, highlight a significant underperformance relative to the broader market. This disparity may contribute to investor sentiment and trading behavior, impacting the stock's price movements.