Why is Ceenik Exports falling/rising?

As of 18-Sep, Ceenik Exports (India) Ltd is experiencing a price increase, currently at Rs 352.65, reflecting a rise of 15.55 or 4.61%. The stock has shown a positive trend, gaining for the last three days with a total return of 15.32% during this period. Additionally, it outperformed its sector by 4.41% today. Despite this recent uptick, the stock has had a challenging year, with a year-to-date decline of 73.28% and a one-year drop of 74.96%. The stock's performance is currently higher than its 5-day and 20-day moving averages, although it remains below the longer-term averages of 50, 100, and 200 days. Notably, there has been a decrease in investor participation, with delivery volume falling by 25.35% compared to the 5-day average.
In the broader market context, Ceenik Exports has outperformed the Sensex in the short term, with a weekly return of 6.16% compared to the Sensex's 1.80%. However, the stock's longer-term performance remains concerning, as it has significantly underperformed the benchmark over the past month and year. The high dividend yield of 3.96% may attract some investors, but the overall liquidity appears adequate for trading. The absence of specific positive or negative factors in the dashboard limits a comprehensive analysis of the influences on the stock's recent movement.