Why is Deep Diamond falling/rising?

As of 22-Aug, Deep Diamond India Ltd's stock price is currently at 4.26, reflecting an increase of 0.06 or 1.43%. The stock has shown a performance today that outperformed its sector by 1.39%. However, it is important to note that while the stock is higher than its 5-day moving averages, it remains lower than its 20-day, 50-day, 100-day, and 200-day moving averages. Additionally, there has been a significant decline in investor participation, with delivery volume dropping by 59.35% compared to the 5-day average. The stock has experienced a negative trend over the longer term, with a year-to-date decline of 36.23% and a one-year drop of 40.00%, indicating ongoing challenges despite today's positive movement.
In the broader market context, the stock's short-term return of +4.16% over the past week significantly outpaces the Sensex, which has only increased by 0.88%. This suggests that the stock's recent rise may be driven by specific factors related to the company rather than overall market trends. However, the year-to-date performance shows a stark contrast, as the stock has underperformed the benchmark, which has gained 4.05% during the same period. This disparity highlights the stock's struggles in the longer term, despite a brief uptick in price today.