Why is Encode Packaging falling/rising?

As of 15-Sep, Encode Packaging India Ltd's stock price is currently at 12.32, reflecting an increase of 0.49 or 4.14%. The stock has shown a positive performance today, outperforming its sector by 3.66%. However, despite this upward movement, there is a concerning trend in investor participation, as the delivery volume has significantly decreased by 99.75% compared to the 5-day average. In terms of returns, the stock has performed well in the short term, with a 1-week increase of 2.92% and a 1-month increase of 5.75%, although it has a negative return of 20.67% over the past year. The stock is currently trading above its 5-day, 20-day, and 50-day moving averages, but below its 100-day and 200-day moving averages, indicating mixed signals regarding its momentum.
Broader Market Context: The stock's recent performance has outpaced the benchmark Sensex, which has only increased by 1.24% over the past week and 1.47% over the past month. However, the year-to-date performance of Encode Packaging is lagging behind the Sensex, with a return of 2.67% compared to the benchmark's 4.67%. This suggests that while the stock is experiencing a short-term rise, its longer-term performance remains weak, particularly when compared to the broader market trends. The significant drop in investor participation could indicate a lack of confidence among investors, which may impact future price movements despite the current uptick.