Why is Ceenik Exports falling/rising?

As of 09-Sep, Ceenik Exports (India) Ltd is experiencing a price increase, currently at Rs 332.00, which reflects a rise of 2.0 (0.61%). Despite this upward movement today, the stock has shown significant declines over the past week and month, with returns of -8.46% and -11.42%, respectively. The stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend in the longer term. However, there has been a notable increase in investor participation, with delivery volume rising by 213.21% compared to the 5-day average, which may suggest growing interest despite the overall negative performance. Additionally, the stock's high dividend yield of 4.04% at the current price could be attracting some investors looking for income.
In the broader market context, Ceenik Exports' recent performance contrasts sharply with the benchmark Sensex, which has gained 1.18% over the past week and 1.56% over the past month. This stark difference highlights the stock's underperformance relative to the market. Year-to-date, Ceenik Exports has plummeted by 74.85%, while the Sensex has increased by 3.79%, further emphasizing the challenges the company faces in the current market environment. Overall, while today's price increase may indicate some short-term recovery, the long-term trends and comparisons to the benchmark suggest ongoing difficulties for Ceenik Exports.