Why is Cian Healthcare falling/rising?

As of 04-Sep, Cian Healthcare Ltd's stock price is currently at 3.53, reflecting an increase of 0.06 or 1.73%. The stock has been on a positive trajectory, gaining for the last six days and achieving a total return of 11.36% during this period. Additionally, the stock has outperformed its sector by 1.88% today. However, it is important to note that while the stock's performance has improved recently, it is still lower than the 50-day, 100-day, and 200-day moving averages, indicating that it may not have fully recovered from its previous declines. Furthermore, there has been a significant drop in investor participation, with delivery volume falling by 75% compared to the 5-day average, which could signal a lack of confidence among investors.
Broader Market Context: In the short term, Cian Healthcare's stock has outperformed the Sensex, with a 9.29% increase over the past week compared to the benchmark's 0.80% rise. However, when looking at longer time frames, the stock has underperformed significantly, with a year-to-date decline of 8.79% against the Sensex's gain of 3.30%. Over the past year, Cian Healthcare has seen a drastic drop of 49.64%, while the Sensex has only fallen by 1.98%. This stark contrast highlights the challenges the company faces in regaining investor confidence and aligning its performance with broader market trends.