Why is Gini Silk Mills falling/rising?

As of 19-Nov, Gini Silk Mills Ltd is currently priced at Rs. 67.69, reflecting a slight increase of 0.18 or 0.27%. The stock has shown a positive trend recently, gaining 1.12% over the last two days and outperforming its sector by 0.42%. However, it has also reached a new 52-week low of Rs. 62.1 today, indicating some volatility. The stock's performance over the past month shows a decline of 4.89%, while year-to-date it has dropped significantly by 49.07%. Additionally, there has been a notable decrease in investor participation, with delivery volume falling by 81.09% against the 5-day average, which could suggest waning interest among investors.
In the broader market context, Gini Silk Mills' short-term return of 1.21% over the past week outperformed the Sensex, which gained 0.85% during the same period. Despite this short-term outperformance, the stock's longer-term performance remains concerning, with substantial declines over the past month and year compared to the benchmark's positive returns. The stock's moving averages indicate that while it is currently above the 5-day moving average, it remains below the longer-term averages, suggesting a mixed outlook. Overall, the combination of recent gains and significant longer-term losses, alongside declining investor participation, contributes to the stock's complex performance narrative.