Why is Colorchips New falling/rising?

As of 05-Aug, Colorchips New Media Ltd is currently priced at 15.56, reflecting an increase of 0.14 or 0.91%. Despite this positive movement today, the stock has underperformed over the past week and month, with declines of 1.08% and 6.10%, respectively. The stock is trading below its moving averages across various time frames, indicating a bearish trend. However, there has been a notable increase in investor participation, with delivery volume rising by 129.09% compared to the 5-day average, suggesting growing interest in the stock. 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, Colorchips New has underperformed compared to the Sensex, which has seen a decline of 0.77% over the past week and 3.26% over the past month. This indicates that while the stock has seen a slight uptick today, its overall performance remains weak relative to the benchmark. Year-to-date, Colorchips New has experienced a significant drop of 41.13%, contrasting sharply with the Sensex's gain of 3.29%. This disparity highlights the challenges the company faces in a market that is generally performing better than its stock.