Why is Fraser & Company falling/rising?

As of 18-Sep, Fraser and Company Ltd's stock price is currently at 7.73, reflecting an increase of 0.15 or 1.98%. The stock has recently experienced a trend reversal, gaining after four consecutive days of decline. However, it is still trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend in the longer term. Additionally, the stock has underperformed against the benchmark Sensex over the past week, month, and year-to-date, with returns of -5.62%, -13.92%, and -4.92%, respectively. Despite a strong performance over the last year with a 50.10% increase, the current delivery volume has significantly decreased by 49.86% compared to the 5-day average, suggesting falling investor participation.
In the broader market context, the Sensex has shown positive returns of +1.80% over the past week and +2.14% over the past month, contrasting sharply with Fraser and Company's negative performance during the same periods. This divergence indicates that while the overall market is gaining, Fraser and Company is struggling to keep pace, which may be contributing to investor concerns. The liquidity of the stock remains adequate for trading, but the significant drop in delivery volume could signal waning interest among investors, further impacting its price movement negatively.