Why is Enbee Trade falling/rising?

As of 23-Jul, Enbee Trade & Finance Ltd is experiencing a price increase, with its current price at Rs. 0.41, reflecting a rise of Rs. 0.01 or 2.5%. The stock has shown a trend reversal after nine consecutive days of decline, and today's performance indicates it has outperformed its sector by 1.96%. However, despite this short-term gain, the stock has significantly underperformed over longer periods, with a year-to-date decline of 72.81% and a three-year drop of 90.35%. Additionally, the stock hit a new 52-week low of Rs. 0.38 earlier today. The rising investor participation, with a delivery volume increase of 75.95% compared to the five-day average, suggests a growing interest in the stock, although it remains below its moving averages across various time frames.
Broader Market Context: In comparison to the benchmark Sensex, which has gained 5.87% year-to-date, Enbee Trade's steep decline of 72.81% highlights its struggles relative to the broader market. Over the past week, while the Sensex has seen a slight increase of 0.11%, Enbee Trade has dropped by 12.77%, indicating a significant divergence in performance. This stark contrast suggests that while the stock may be experiencing a temporary uptick, it is still facing substantial challenges in the context of overall market trends and investor sentiment.