Why is Filatex India falling/rising?

As of 19-Sep, Filatex India Ltd's stock price is currently at 57.35, reflecting a slight increase of 0.07, or 0.12%. The stock is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a positive trend. However, there has been a notable decline in investor participation, with delivery volume dropping by 28.42% 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 2.30% and a 1-month increase of 6.22%, contrasting with a year-to-date decline of 7.02%. The company has also reported positive financial results over the last three quarters, showcasing a strong ability to service debt and a fair valuation compared to its peers.
Broader Market Context: The Sensex has shown a modest increase of 0.88% over the past week and 1.20% over the past month, indicating that while Filatex India is outperforming the benchmark in the short term, it has underperformed year-to-date with a decline of 7.02% compared to the Sensex's gain of 5.74%. Despite the recent positive performance, the stock's year-on-year return remains negative at -8.62%, which may be a concern for investors. Overall, while Filatex India is currently experiencing a slight rise in price, the broader market context and the decline in investor participation suggest a cautious outlook moving forward.