Why is Goyal Salt falling/rising?

As of 22-Sep, Goyal Salt Ltd's stock price is currently at 177.00, reflecting an increase of 2.0, or 1.14%. The stock has shown positive performance today, outperforming its sector by 1.34%. It is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bullish trend. However, there has been a notable decline in investor participation, with delivery volume dropping by 65.52% compared to the 5-day average. Year-to-date, the stock is down 7.81%, contrasting with a 6.59% increase in the Sensex, highlighting a challenging performance over a longer period.
In the broader market context, Goyal Salt's short-term return of 1.26% over the past week exceeds the Sensex's return of 0.53%, suggesting that the stock is gaining traction relative to the market. Despite this recent uptick, the stock's year-to-date performance remains significantly negative compared to the benchmark, which could indicate underlying issues that investors are cautious about. Overall, while the stock is experiencing a short-term rise, the substantial decline in delivery volume and longer-term negative returns suggest that investor confidence may still be wavering.