Why is Ashish Polyplast falling/rising?

As of 06-Oct, Ashish Polyplast Ltd's stock price is currently at 40.20, reflecting an increase of 0.28, or 0.7%. The stock has been on an upward trend, gaining for the last four days and achieving a return of 7.92% over the past week, which is significantly higher than the Sensex's return of 1.77% during the same period. Additionally, the stock has outperformed its sector by 1.41% today. However, it is important to note that the stock's delivery volume has decreased by 6.38% against the five-day average, indicating a decline in investor participation. The stock's moving averages are higher than the 5-day, 20-day, 50-day, and 100-day averages but remain lower than the 200-day average, suggesting mixed signals regarding its long-term performance.
In the broader market context, Ashish Polyplast's short-term performance has outpaced the benchmark, as evidenced by its 7.92% return over the past week compared to the Sensex's 1.77%. Despite this positive short-term trend, the stock has experienced a significant decline year-to-date, down 25.56%, while the Sensex has gained 4.67%. This disparity highlights the stock's volatility and potential challenges it faces in regaining investor confidence. Overall, while the recent gains are encouraging, the falling investor participation and long-term underperformance relative to the benchmark may temper enthusiasm for the stock's future trajectory.