Why is Bhandari Hosiery falling/rising?

As of 10-Oct, Bhandari Hosiery Exports Ltd is currently priced at 4.67, reflecting an increase of 0.04 or 0.86%. The stock has shown a trend reversal, gaining after four consecutive days of decline. However, it is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a generally bearish trend. Additionally, investor participation has decreased, with delivery volume falling by 34.06% against the 5-day average. The stock has underperformed significantly over the past year, with a year-to-date decline of 33.76%, although it has experienced a substantial increase of 343.18% over the past five years.
In the broader market context, Bhandari Hosiery's performance has been notably weaker compared to the Sensex, which has gained 5.58% year-to-date. Over the past week, the stock has declined by 3.91%, while the Sensex has risen by 1.59%. This underperformance relative to the benchmark suggests that investor sentiment towards Bhandari Hosiery is cautious, likely influenced by the recent drop in trading volume and the stock's position below key moving averages. Overall, while the stock has seen a slight uptick today, the prevailing trends indicate ongoing challenges that may continue to affect its price movement.