Why is Fraser & Company falling/rising?

As of 16-Oct, Fraser and Company Ltd's stock price is currently at 8.14, reflecting an increase of 0.74 or 10.0%. The stock has shown a trend reversal, gaining after two consecutive days of decline. Despite this positive movement today, the stock has underperformed the benchmark Sensex over the past week, with a decline of 2.75% compared to the Sensex's increase of 1.58%. Additionally, while the stock has outperformed its sector by 9.17% today, it has experienced a significant drop in investor participation, with delivery volume falling by 84.94% against the 5-day average. The stock's moving averages indicate that it is currently higher than the 5-day and 20-day averages but lower than the longer-term averages, suggesting mixed momentum.
Broader Market Context: In the context of the broader market, Fraser and Company Ltd's short-term performance has been less favorable compared to the Sensex, which has shown a positive return over the past week. However, the stock has performed well over the longer term, with a 53.58% increase over the past year, significantly outpacing the Sensex's 2.41% gain in the same period. This indicates that while the stock is currently experiencing volatility and a decline in trading activity, its overall long-term trajectory remains strong compared to the benchmark.