Why is Gokak Textiles falling/rising?

As of 16-Sep, Gokak Textiles Ltd is currently priced at 90.90, reflecting an increase of 0.9, or 1.0%. The stock has shown a trend reversal, gaining after two consecutive days of decline. Despite this recent uptick, it has underperformed its sector by 0.45%. In terms of returns, over the past week, the stock has increased by 3.18%, while it has decreased by 2.99% over the past month. Year-to-date, the stock is down 43.21%, and over the past year, it has fallen 57.54%. However, it has performed well over the longer term, with a 197.06% increase over three years and a remarkable 680.26% increase over five years. Additionally, there has been a rise in investor participation, with delivery volume increasing by 17.78% against the five-day average, indicating a growing interest in the stock.
In the broader market context, Gokak Textiles' recent performance contrasts with the Sensex, which has gained 1.58% over the past week and 2.21% over the past month. While the stock has shown some short-term recovery, its long-term performance remains significantly negative compared to the benchmark, which has only declined 0.73% over the past year. The liquidity of the stock appears adequate for trading, as it meets the criteria based on the average traded value. Overall, while the stock is experiencing a slight rise, its substantial year-to-date and yearly declines suggest ongoing challenges that may be influencing investor sentiment.