Why is Delta Corp falling/rising?

As of 16-Sep, Delta Corp Ltd. is currently priced at 83.36, reflecting an increase of 0.59 or 0.71%. The stock has shown a positive trend recently, gaining for the last two days with a total return of 1.75%. However, it is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish longer-term trend. Despite outperforming its sector by 1.67% today, the stock has experienced a significant decline over the past year, with returns down by 36.58%. The company has a low debt-to-equity ratio and an attractive valuation, trading at a discount compared to peers, but its profits have decreased by 15.5% over the same period, contributing to investor concerns.
In the broader market context, Delta Corp's short-term performance contrasts sharply with the Sensex, which has gained 1.58% over the past week, while Delta Corp has declined by 0.96%. This consistent underperformance against the benchmark over the last three years, coupled with negative financial results and a decline in operating profit, suggests a lack of confidence among investors. The falling delivery volume and liquidity issues further indicate a decrease in investor participation, which may be contributing to the stock's struggles despite its recent minor gains.