Why is Eastern Treads falling/rising?

As of 16-Sep, Eastern Treads Ltd is experiencing a price increase, currently at 32.00, reflecting a change of 0.41 or 1.3% upward. The stock has shown a positive performance today, outperforming its sector by 2.11% and has been on a consecutive gain streak for the last four days, accumulating a total return of 6.67% during this period. However, despite this recent uptick, the stock has a negative trend over the longer term, with a 1-month return of -9.32% and a year-to-date decline of -15.77%. Additionally, the stock's delivery volume has decreased by 8.48% against the 5-day average, indicating a potential decline in investor participation, which could be a concern for sustained upward movement.
In the broader market context, Eastern Treads' short-term performance of +3.90% over the past week has outpaced the Sensex, which gained 1.58% during the same period. However, the stock's longer-term performance remains significantly weaker than the benchmark, with a 1-year return of -29.03% compared to the Sensex's slight decline of -0.73%. This disparity highlights the challenges Eastern Treads faces in regaining investor confidence and aligning its performance with broader market trends. Overall, while the stock is currently rising, its long-term performance and declining investor participation suggest caution moving forward.