Why is Graphisads falling/rising?

As of 16-Sep, Graphisads Ltd's stock price is currently at 35.10, reflecting an increase of 1.55, or 4.62%. The stock has outperformed its sector today by 4.51%, although it is trading higher than its 5-day moving averages but lower than its 20-day, 50-day, 100-day, and 200-day moving averages. Notably, there has been a significant decline in investor participation, with delivery volume dropping by 71.43% against the 5-day average. In terms of returns, the stock has shown a 9.86% increase over the past month, contrasting with a 0.85% decline over the past week, while it has experienced a substantial year-to-date decline of 38.37%.
In the broader market context, the Sensex has performed better than Graphisads in the short term, gaining 1.49% over the past week and 2.47% over the past month. Despite Graphisads' recent price increase, its year-to-date performance remains significantly lower than the benchmark, which has risen by 6.74%. This disparity indicates that while the stock has seen a short-term uptick, its long-term performance continues to lag behind the market, suggesting that investor sentiment may still be cautious.