Why is Bhagawati Oxygen falling/rising?

As of 10-Sep, Bhagawati Oxygen Ltd's stock price is rising, currently at Rs 43.15, reflecting an increase of Rs 2.15 or 5.24%. The stock has shown a trend reversal, gaining after three consecutive days of decline. It outperformed its sector by 4.73% today, and the delivery volume has significantly increased by 80.12% compared to the 5-day average, indicating rising investor participation. However, despite today's positive movement, the stock has a year-to-date decline of 18.35% and a one-year decline of 23.56%, suggesting ongoing challenges despite recent gains.
Broader market context shows that while Bhagawati Oxygen has outperformed the Sensex in the short term with a 1-week return of 4.35% compared to the Sensex's 1.06%, it has underperformed over longer periods, including a 1-month decline of 1.86% against the Sensex's gain of 1.96%. The stock's performance is also lower than the 50-day, 100-day, and 200-day moving averages, indicating that while there is some short-term recovery, the overall trend remains weak in the broader market context.