Why is Dai-ichi Karkari falling/rising?

As of 13-Aug, Dai-ichi Karkaria Ltd's stock price is currently at 303.80, reflecting an increase of 4.05 or 1.35%. The stock has recently experienced a trend reversal, gaining after five consecutive days of decline. However, it is still trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a generally weak performance. Over the past week, the stock has underperformed its sector by 0.63%, and its year-to-date return is down by 22.82%. Despite these challenges, there has been a notable increase in investor participation, with delivery volume rising by 74.91% against the 5-day average, suggesting some renewed interest in the stock.
In the broader market context, Dai-ichi Karkaria's recent performance contrasts sharply with the benchmark Sensex, which has shown a minimal decline of 0.01% over the past week. While the stock has struggled with a significant drop of 9.62% in the same timeframe, the chemicals sector has gained by 2.06%, highlighting a sector-specific strength that the company has not capitalized on. The stock's year-on-year performance is particularly concerning, with a decline of 52.06% compared to the Sensex's modest gain of 2.01%, indicating that Dai-ichi Karkaria is facing substantial headwinds relative to the broader market.