Why is Deco-Mica falling/rising?

As of 06-Aug, Deco-Mica Ltd's stock price is currently at Rs 73.90, reflecting an increase of Rs 3.42 or 4.85%. The stock has shown a positive trend today, gaining after two consecutive days of decline, and opened with a significant gain of 4.92%. It reached an intraday high of Rs 73.95, indicating strong performance within the day. Additionally, the stock has outperformed its sector by 5.6%, and there has been a notable increase in investor participation, with delivery volume rising by 59.17% compared to the 5-day average. However, it is important to note that the positive and negative factors dashboard is unavailable, which limits further insights into specific influences on the stock's movement.
In the broader market context, Deco-Mica's recent performance contrasts with the benchmark Sensex, which has declined by 1.15% over the past week while Deco-Mica has fallen by 7.62% in the same period. Despite this short-term underperformance, Deco-Mica has shown impressive gains over a longer timeframe, with a 138.77% increase over the past three years compared to the Sensex's 37.95%. This suggests that while the stock may be experiencing short-term volatility, its long-term trajectory remains strong relative to the market benchmark.