Why is Chembond Materi. falling/rising?

As of 29-Aug, Chembond Material Technologies Ltd's stock price is currently at 187.40, reflecting an increase of 3.4, or 1.85%. The stock has shown a trend reversal by gaining after two consecutive days of decline and has outperformed its sector by 2.3%. Additionally, the stock has traded in a narrow range of Rs 0.2 and has higher trading volumes, with a delivery volume increase of 12.23% compared to the 5-day average. Despite this positive movement, the stock has experienced significant declines over the year, with a year-to-date drop of 68.52% and a one-year decline of 69.80%. Unfortunately, there is no information available regarding positive or negative factors that could further explain the stock's recent movement.
Broader market context indicates that Chembond's short-term performance has been relatively better than the benchmark, as it has gained 1.35% over the past month while the Sensex has declined by 1.88%. In the last week, however, Chembond's stock has slightly underperformed the benchmark, with a decrease of 0.27% compared to the Sensex's 1.84% drop. Overall, while the stock is experiencing a short-term rise, its long-term performance remains significantly negative compared to the broader market trends.