Why is Chembond Materi. falling/rising?

As of 08-Aug, Chembond Material Technologies Ltd is experiencing a price increase, currently at Rs 180.00, which reflects a rise of 5.0 or 2.86%. Today's price summary indicates that the stock has outperformed its sector by 4.63% and has shown a trend reversal after two consecutive days of decline. However, it is important to note that the stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a longer-term downward trend. Additionally, there has been a significant drop in investor participation, with delivery volume falling by 76.08% compared to the 5-day average, which may suggest a lack of confidence among investors. Unfortunately, there is no information available regarding positive or negative factors that could further explain the stock's recent movement.
In the broader market context, Chembond Material Technologies Ltd has shown a slight positive return of 0.22% over the past week, while the benchmark Sensex has declined by 0.92%. This indicates that the stock is performing relatively better than the overall market in the short term. However, over the longer term, the stock has faced significant challenges, with a year-to-date decline of 69.76% compared to a modest increase of 2.20% in the Sensex. This stark contrast highlights the ongoing struggles of Chembond Material Technologies Ltd in a market that has generally been more stable.