Why is Cellecor Gadgets falling/rising?

As of 04-Aug, Cellecor Gadgets Ltd is currently priced at Rs 34.45, reflecting a rise of 0.2 (0.58%). Despite this slight increase today, the stock has underperformed its sector by 0.85%. The stock has not experienced any consecutive falls recently, maintaining a flat performance with 0% returns in the period. Over the past week, Cellecor Gadgets has shown a positive return of 2.99%, while it has declined by 4.31% over the last month. Year-to-date, the stock has significantly underperformed with a drop of 48.81%, contrasting with a modest rise of 4.56% in the benchmark. The stock is currently trading below all its moving averages, indicating a bearish trend. There is a noted increase in investor participation, with delivery volume rising by 6.57% against the 5-day average, suggesting some interest despite the overall negative performance.
In the broader market context, while Cellecor Gadgets has seen a short-term gain of 2.99% over the past week, this is significantly higher than the Sensex's gain of only 0.17% during the same period. However, the stock's year-to-date performance of -48.81% starkly contrasts with the Sensex's positive return of 4.56%, highlighting a substantial underperformance relative to the market. This divergence indicates that while there may be some short-term optimism reflected in today's price movement, the overall trend for Cellecor Gadgets remains concerning compared to the broader market performance.