Why is Benara Bearings falling/rising?

As of 18-Aug, Benara Bearings & Pistons Ltd is experiencing a price increase, currently at 15.90, reflecting a change of 0.71 or 4.67% upward. Despite this positive movement today, the stock has shown erratic trading patterns, having not traded on 2 out of the last 20 days. Additionally, it is trading below all key moving averages, indicating a potential bearish trend. The stock's delivery volume has significantly decreased, falling by 68.75% against the 5-day average, which suggests a decline in investor participation. Over the past week, the stock has underperformed with a return of -0.50%, while it has shown a modest gain of 6.00% over the past month. Year-to-date, the stock is down 20.93%, contrasting with the Sensex's positive return of 4.01%.
In the broader market context, the stock's recent performance has been less favorable compared to the benchmark. While the Sensex has gained 0.83% over the past week, Benara Bearings has struggled, indicating a divergence in performance. The stock's long-term returns also reflect a challenging environment, with a 3-year return of 12.61% compared to the Sensex's 34.79%. This underperformance, coupled with the declining investor interest and liquidity concerns, suggests that while there may be short-term gains, the overall outlook for Benara Bearings remains cautious in the context of broader market trends.