Why is Globe Commercial falling/rising?

As of 15-Oct, Globe Commercials Ltd's stock price is currently at Rs. 22.75, reflecting an increase of Rs. 1.08 or 4.98%. The stock has recently experienced a trend reversal, gaining after nine consecutive days of decline. Despite this uptick, it hit a new 52-week low of Rs. 20.59 earlier in the day and opened with a loss of 4.98%. The stock has underperformed significantly over the past week and month, with declines of 10.75% and 21.17%, respectively. Additionally, it is trading below all key moving averages, indicating a bearish trend. The delivery volume has also decreased sharply, suggesting falling investor participation, which could be contributing to the stock's volatility.
In the broader market context, the Sensex has shown a positive return of 1.02% over the past week, contrasting sharply with Globe Commercials' decline. This disparity highlights the stock's underperformance relative to the benchmark. While the stock has gained today, the overall year-to-date performance remains poor, with a decline of 41.37% compared to the Sensex's gain of 5.72%. The wide trading range and the significant drop in delivery volume indicate that investor sentiment may still be cautious, which could limit the stock's ability to sustain its recent gains.