Why is Emkay Taps & Cut falling/rising?

As of 23-Sep, Emkay Taps & Cutting Tools Ltd is experiencing a price increase, with its current price at 157.05, reflecting a rise of 1.2 (0.77%). The stock has outperformed its sector by 0.31% today, although it remains higher than the 5-day moving averages but lower than the 20-day, 50-day, 100-day, and 200-day moving averages. Notably, the stock has seen a significant decline in investor participation, with delivery volume dropping by 65.81% compared to the 5-day average. Over the past week, the stock has gained 3.36%, contrasting sharply with its performance over the last month, where it has decreased by 17.84%, and a year-to-date decline of 65.86%.
In the broader market context, the Sensex has shown a slight decline of 0.28% over the past week, indicating that while Emkay Taps & Cutting Tools Ltd has performed better than the benchmark recently, its long-term performance remains concerning, with a staggering 83.73% drop over the past year compared to the Sensex's decline of only 2.97%. This suggests that while there may be short-term positive movements, the overall trend for the stock is negative, reflecting broader challenges faced by the company.