Why is Garment Mantra falling/rising?

As of 19-Sep, Garment Mantra Lifestyle Ltd's stock price is currently at 1.61, reflecting an increase of 0.01 or 0.63%. The stock has shown a trend reversal by gaining after two consecutive days of decline, outperforming its sector by 0.43%. However, it is trading lower than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a generally bearish trend. Despite this, there has been a notable increase in investor participation, with delivery volume rising by 22.65% compared to the 5-day average. The stock has underperformed in the longer term, with a year-to-date decline of 8.35% and a one-year drop of 23.14%, while the benchmark Sensex has gained 5.74% and declined only 0.67% over the same period.
Broader Market Context: In the short term, Garment Mantra's performance over the past week shows a decline of 1.23%, contrasting with the Sensex, which has increased by 0.88%. This underperformance highlights the challenges the company faces relative to the broader market. While the stock has seen a slight uptick today, the overall trend remains negative, especially when considering its significant declines over the past year and three years compared to the benchmark's positive performance. The liquidity of the stock is adequate for trading, but the persistent underperformance against the benchmark suggests that investor sentiment may still be cautious.