Why is Divyadhan Recy. falling/rising?

As of 15-Jul, Divyadhan Recycling Industries Ltd is experiencing a decline in its stock price, currently at 60.90, which represents a decrease of 1.5 or 2.4%. The stock has shown a strong performance over the past week with a return of 9.83%, but it has underperformed its sector today by 3.92%. Despite trading above its moving averages across various time frames, the stock has seen a significant drop in investor participation, with delivery volume falling by 88.64% compared to the 5-day average. The year-to-date performance shows a substantial decline of 19.34%, contrasting sharply with the Sensex's increase of 6.56%.
In the broader market context, while Divyadhan Recycling has outperformed the Sensex in the short term, its overall year-to-date performance indicates a struggle relative to the benchmark. The Sensex has gained 6.56% year-to-date, highlighting a stark contrast to Divyadhan's negative return. This divergence suggests that while the stock may have had a brief resurgence, it is still facing challenges that are affecting its overall valuation and investor confidence.