Why is Den Networks falling/rising?

As of 18-Sep, Den Networks Ltd's stock price is currently at 36.74, reflecting a slight increase of 0.12 (0.33%). The stock has shown a positive performance today, outperforming its sector by 0.83% and has been on a consecutive gain streak for the last four days, accumulating a total return of 3.03% during this period. Despite a significant decline of -33.24% over the past year, the stock's valuation appears attractive with a Price to Book Value of 0.5 and a low Debt to Equity ratio, which may contribute to its recent upward movement. Additionally, the rising investor participation, indicated by a 41.55% increase in delivery volume, suggests growing interest in the stock.
In the broader market context, Den Networks' short-term return of +1.77% over the past week is slightly below the benchmark Sensex's return of +1.80%. However, the stock has outperformed the benchmark over the past month, with a return of +3.20% compared to the Sensex's +2.14%. This performance indicates that while the stock has struggled over the longer term, recent trends show a potential recovery, supported by favorable liquidity conditions and investor sentiment.