Why is Classic Filament falling/rising?

As of 10-Sep, Classic Filaments Ltd is experiencing a price increase, with the current price at Rs 22.78, reflecting a change of Rs 1.02 or 4.69% upward. The stock has shown a trend reversal, gaining after three consecutive days of decline. Today's performance indicates that it has outperformed its sector by 2.11%. Despite this positive movement, the stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, suggesting a longer-term bearish trend. Additionally, the stock has seen a significant rise in delivery volume, increasing by 4464.13% against the 5-day average, indicating heightened investor participation. However, the stock's year-to-date performance remains poor, down 23.94%, and it has underperformed against the benchmark Sensex over various periods.
In the broader market context, the Sensex has shown a positive return of 1.06% over the past week and 1.96% over the past month, contrasting with Classic Filaments' decline of 4.49% and 1.77% respectively during the same periods. This indicates that while the stock is currently rising, it has struggled significantly compared to the overall market performance. The textile sector, in which Classic Filaments operates, has gained by 2.44%, which may have contributed to the stock's recent uptick. However, the stark difference in year-to-date performance between the stock and the benchmark highlights ongoing challenges for Classic Filaments in regaining investor confidence.