Why is Deco-Mica falling/rising?

As of 10-Oct, Deco-Mica Ltd's stock price is currently at Rs 75.19, reflecting an increase of Rs 1.19 or 1.61%. Today's price summary indicates that the stock has outperformed its sector by 3.07% and has gained after three consecutive days of decline. Despite opening with a significant loss of 6.69%, the stock reached an intraday high of Rs 75.98, indicating some recovery within the trading day. However, it also experienced a wide trading range of Rs 6.93 and lower investor participation, with delivery volume dropping by 96.01% compared to the five-day average. The stock's performance over the past month shows a decline of 6.77%, while its year-to-date performance is down 7.17%, suggesting a challenging period despite a strong three-year return of 142.55%.
In the broader market context, Deco-Mica's short-term performance aligns with the benchmark Sensex, as both the stock and the index have shown a 1.59% increase over the past week. However, the stock's longer-term performance contrasts sharply with the Sensex, which has gained 5.58% year-to-date while Deco-Mica has declined. This disparity highlights the stock's struggles in the face of broader market gains, despite its recent upward movement. The lack of positive factors in the dashboard may indicate that the stock's recovery is still fragile and dependent on improved investor sentiment and participation in the coming days.