Why is BSL falling/rising?

As of 23-Sep, BSL Ltd's stock price is currently at 164.45, reflecting an increase of 0.95 or 0.58%. The stock has shown a trend reversal, gaining after three consecutive days of decline. Despite this recent uptick, the stock has underperformed over the past month, down 6.64%, and has a year-to-date decline of 39.74%. The stock's performance today has outperformed its sector by 1.2%, but there is a notable decrease in investor participation, with delivery volume falling by 73.05% compared to the five-day average. Additionally, while the stock is above the 50-day and 100-day moving averages, it remains below the 5-day, 20-day, and 200-day moving averages, indicating mixed momentum.
In the broader market context, the Sensex has experienced a slight decline of 0.34% over the past week, contrasting with BSL's modest gain. This suggests that while BSL is rising in the short term, the overall market sentiment may not be as favorable. The stock's year-to-date performance significantly lags behind the Sensex, which has gained 5.07% during the same period. This disparity highlights the challenges BSL faces in regaining investor confidence, especially given its substantial decline over the past year and the recent drop in trading volume.