Why is Balaji Phos. falling/rising?

As of 07-Nov, Balaji Phosphates Ltd is experiencing a price increase, currently at 126.90, which reflects a rise of 5.95 or 4.92%. Despite this upward movement today, the stock has underperformed in the past week and month, with declines of 2.76% and 21.18%, respectively. Today's performance indicates that Balaji Phosphates has outperformed its sector by 5.16%. However, it is trading below its moving averages across various time frames, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages. Additionally, there has been a notable decrease in investor participation, with delivery volume dropping by 40.79% compared to the 5-day average, which may indicate waning interest. There is no information available regarding positive or negative factors that could further clarify the stock's recent movement.
Broader Market Context: In the context of the broader market, Balaji Phosphates' short-term performance has been less favorable compared to the benchmark Sensex, which has gained 1.53% over the past month. While the stock's current rise may suggest a temporary rebound, its significant decline over the past month and week highlights ongoing challenges. The overall market has shown resilience, with the Sensex up 7.81% year-to-date, contrasting with Balaji Phosphates' recent struggles. This disparity indicates that while the stock may be experiencing a brief uptick, it remains under pressure relative to the broader market trends.