Why is Ceenik Exports falling/rising?

As of 01-Oct, Ceenik Exports (India) Ltd is experiencing a price increase, currently at Rs 390.00, reflecting a change of Rs 4.15 or 1.08% upward. The stock has shown a mixed performance recently, with a 1-week decline of 3.69% but a 1-month increase of 6.30%. On the day of the report, the stock touched an intraday low of Rs 368.05, indicating volatility, but the rising investor participation, with a delivery volume increase of 53.03% against the 5-day average, suggests growing interest. Additionally, the stock's high dividend yield of 3.46% at the current price may attract investors despite its significant year-to-date decline of 70.45%.
In the broader market context, Ceenik Exports' recent performance contrasts with the benchmark Sensex, which has declined by only 0.90% over the past week while the stock itself has fallen. However, over a longer period, the stock has significantly outperformed the Sensex with a remarkable 3-year return of 3419.86% compared to the benchmark's 41.02%. This disparity highlights the stock's potential for recovery and growth, despite its current volatility and substantial year-to-date losses.