Why is Ganesha Ecoverse falling/rising?

As of 24-Jul, Ganesha Ecoverse Ltd is currently priced at 40.00, reflecting an increase of 0.19 (0.48%). The stock has shown a positive performance today, outperforming its sector by 2.66% and has been on a consecutive gain for the last two days, accumulating a total return of 0.86% during this period. Additionally, Ganesha Ecoverse is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a strong upward trend. However, there has been a notable decline in investor participation, with delivery volume dropping by 50.6% compared to the 5-day average. The stock's year-to-date performance shows a decline of 5.86%, while it has experienced a significant drop of 47.45% over the past year.
Broader market context indicates that the stock's short-term performance has been relatively stable, with a 1-week return of 0.00% compared to a slight decline of 0.09% in the Sensex. Over the past month, Ganesha Ecoverse has outperformed the benchmark significantly, with a return of 20.66% against the Sensex's 0.16%. Despite the recent positive movements, the stock's year-to-date and one-year performances highlight a challenging environment, contrasting with the Sensex's gains of 5.18% and 2.54%, respectively. This suggests that while Ganesha Ecoverse is currently experiencing a rise, it is still navigating through a broader market that has been more favorable overall.