Why is Bluechip Tex Ind falling/rising?

As of 18-Sep, Bluechip Tex Industries Ltd is experiencing a slight increase in its stock price, currently at 146.95, with a change of 0.35 (0.24%) upward. The stock has shown positive momentum, gaining for the last two days and achieving a 4% return in this period. It is currently performing inline with its sector, and the delivery volume has increased significantly, rising by 36.84% against the 5-day average. However, while the stock is above its 5-day and 20-day moving averages, it remains below the 50-day, 100-day, and 200-day moving averages. Year-to-date, the stock is down 22.13%, but it has outperformed the benchmark Sensex in the short term, with a 1-week return of 4.26% compared to the Sensex's 1.80%.
In the broader market context, Bluechip Tex's recent performance contrasts with its year-to-date decline, as the Sensex has gained 6.24% during the same period. The stock's short-term gains suggest a recovery trend, particularly as it has outperformed the benchmark over the past week and month. Despite the overall negative year-to-date and yearly performance, the recent increase in investor participation and liquidity indicates a potential shift in market sentiment towards the stock.