Why is Deco-Mica falling/rising?

As of 13-Oct, Deco-Mica Ltd's stock price is currently at Rs 77.40, reflecting an increase of Rs 3.79 or 5.15%. Today's price summary indicates that the stock has outperformed its sector by 7.19% and has experienced a trend reversal, gaining after four consecutive days of decline. The stock reached an intraday high of Rs 79.69, which represents an 8.26% increase. Despite this positive movement, the stock has shown a year-to-date decline of 4.44% and a one-year decline of 3.25%, although it has significantly outperformed the benchmark over three and five years with returns of 149.68% and 697.94%, respectively. There is a noted decrease in investor participation, with delivery volume falling by 56.67% against the five-day average, which may indicate reduced interest among investors.
In the broader market context, Deco-Mica's short-term performance over the past week shows a decline of 1.45%, while the benchmark Sensex has increased by 0.66%. This suggests that while Deco-Mica is currently experiencing a rebound, it has struggled in the short term compared to the overall market. The wood and wood products sector has also faced a downturn, with a decline of 2.39%, which may be influencing Deco-Mica's performance. Overall, the stock's recent rise appears to be a corrective movement following a period of decline, amidst a backdrop of mixed sector performance and declining investor participation.