Why is Gokak Textiles falling/rising?

As of 24-Sep, Gokak Textiles Ltd is currently priced at 88.00, reflecting an increase of 0.33, or 0.38%. The stock has shown a trend reversal by gaining after three consecutive days of decline, outperforming its sector by 0.81%. However, it is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. Additionally, investor participation has decreased, with a delivery volume of 1.26k on 23 Sep, which is down by 4.43% compared to the 5-day average. The stock has experienced significant declines over the year, with a year-to-date drop of 45.02% and a one-year decline of 63.83%, although it has shown impressive growth over the past three and five years.
In the broader market context, Gokak Textiles' short-term performance over the past week has been negative at -2.22%, while the benchmark Sensex has declined by a lesser -1.18%. This indicates that the stock is underperforming relative to the market. Despite the recent uptick in price, the overall trend remains concerning due to the substantial year-to-date and one-year losses compared to the benchmark's positive return of 4.58% year-to-date. The lack of available positive or negative dashboard data limits further insights into specific catalysts affecting the stock's recent movement.