Why is Delta Corp falling/rising?

As of 08-Aug, Delta Corp Ltd. is currently priced at 82.84, reflecting an increase of 0.67 or 0.82%. The stock has shown a trend reversal by gaining after three consecutive days of decline. Despite this recent uptick, Delta Corp has underperformed in the longer term, with a year-to-date decline of 25.34% compared to a 2.20% increase in the Sensex. The stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend overall. However, there has been a notable rise in investor participation, with delivery volume increasing by 21.62% against the 5-day average, suggesting a potential shift in market sentiment.
In the broader market context, Delta Corp's short-term performance over the past week shows a decline of 1.26%, which is worse than the Sensex's drop of 0.92%. This indicates that while the stock has seen a slight recovery today, it still lags behind the benchmark in terms of overall performance. The negative returns over the past month and year highlight ongoing challenges for the company, despite today's positive movement. The absence of specific positive or negative factors in the dashboard limits further insights into the reasons behind the stock's recent fluctuations.