Why is Deem Roll-Tech falling/rising?

As of 29-Oct, Deem Roll-Tech Ltd's stock price is currently at 53.45, reflecting an increase of 2.05, or 3.99%. The stock has shown a positive performance today, outperforming its sector by 3.1%. However, despite this short-term gain, the stock has experienced a significant decline of 6.15% over the past month and a staggering 38.24% year-to-date. The stock's moving averages indicate that while it is currently higher than the 5-day and 20-day moving averages, it remains below the 50-day, 100-day, and 200-day moving averages. Additionally, there has been a notable drop in investor participation, with delivery volume falling by 80% against the 5-day average, which may indicate waning interest among investors.
In the broader market context, Deem Roll-Tech's recent performance contrasts sharply with the Sensex, which has gained 0.72% over the past week and 5.76% over the past month. This suggests that while the stock has seen a slight uptick today, its overall trajectory remains negative compared to the benchmark. The year-to-date performance shows a stark decline of 38.24% for Deem Roll-Tech, while the Sensex has increased by 10.19%, highlighting the stock's underperformance in the market. Overall, the combination of falling investor participation and a significant year-to-date decline suggests that the stock's recent rise may not be sustainable without a reversal in broader market sentiment or company-specific developments.