Why is Droneacharya Aer falling/rising?

As of 12-Nov, Droneacharya Aerial Innovations Ltd is experiencing a price increase, currently at Rs 59.99, reflecting a rise of Rs 2.2 or 3.81%. The stock has shown positive momentum, gaining 6.76% over the last two days and outperforming its sector by 3.72% today. Despite this recent uptick, the stock has had a challenging year-to-date performance, down 48.68%, and a significant decline of 55.89% over the past year. Additionally, while the stock is currently trading above its 5-day and 20-day moving averages, it remains below its longer-term moving averages, indicating mixed technical signals. Notably, there has been a decline in investor participation, with delivery volume dropping by 14.63% compared to the 5-day average.
In the broader market context, the stock's short-term return of 7.78% over the past month significantly outpaces the Sensex, which has only risen by 2.38% in the same period. This suggests that despite the overall market's positive performance, Droneacharya Aerial Innovations Ltd is gaining traction among investors, likely due to its recent price movements and sector outperformance. However, the stark contrast between its year-to-date performance and the Sensex's 8.10% increase indicates that the stock still faces challenges in regaining investor confidence in the long term.