Why is Asi Industries falling/rising?

As of 28-Oct, Asi Industries Ltd is experiencing a price increase, currently at 32.23, reflecting a rise of 0.83 or 2.64%. The stock has shown positive momentum, gaining for the last two days and achieving a total return of 3.63% during this period. In the past week, the stock has outperformed its sector by 3.13%. However, despite this recent uptick, the stock's year-to-date performance remains concerning, with a decline of 37.22%. Additionally, the delivery volume has decreased significantly by 41.84% compared to the 5-day average, indicating a drop in investor participation, which could be a negative factor affecting future price movements.
Broader Market Context: In comparison to the Sensex, which has increased by 0.24% over the past week, Asi Industries has outperformed the benchmark with a return of 2.64%. Over the last month, the stock has gained 4.81%, while the Sensex has risen by 5.22%. This suggests that while the stock is currently on an upward trajectory, its long-term performance remains weak relative to the broader market, as evidenced by its year-to-date decline compared to the Sensex's gain of 8.30%.