Why is Gokul Refoils falling/rising?

As of 15-Sep, Gokul Refoils and Solvent Ltd is experiencing a price increase, currently at Rs 40.68, which reflects a rise of 1.15 or 2.91%. The stock has shown a trend reversal by gaining after two consecutive days of decline and has outperformed its sector by 1.53%. Despite this positive movement, the stock's year-to-date performance remains significantly lower at -35.12%, while it has gained 1.67% over the past week. The stock is currently trading above its 5-day and 20-day moving averages but below its longer-term moving averages, indicating mixed momentum. Additionally, there has been a notable decline in investor participation, with delivery volume dropping by 57.61% compared to the 5-day average, which could suggest reduced confidence among investors.
In the broader market context, Gokul Refoils' recent performance has outpaced the Sensex, which has increased by 1.24% over the past week. However, the stock's year-to-date decline contrasts sharply with the Sensex's gain of 4.67%, highlighting a significant underperformance over a longer period. This divergence indicates that while the stock may be experiencing a short-term rebound, it continues to face challenges in regaining investor confidence and aligning with broader market trends.