Why is Graphisads falling/rising?

As of 23-Sep, Graphisads Ltd is experiencing a decline in its stock price, currently at 38.00, which reflects a decrease of 1.3 or 3.31%. The stock has underperformed its sector by 3.06% today, despite showing higher performance than its 5-day, 20-day, and 50-day moving averages. However, it remains below its 100-day and 200-day moving averages. Notably, there has been a significant increase in investor participation, with delivery volume rising by 66.67% against the 5-day average. In terms of returns, the stock has seen a positive performance over the past week and month, with increases of 8.26% and 6.74%, respectively, but it has struggled significantly year-to-date and over the past year, with declines of 33.27% and 48.33%.
In the broader market context, the Sensex has shown a slight decline of 0.28% over the past week and a modest increase of 1.20% over the past month, indicating that while Graphisads has outperformed the benchmark in the short term, it still faces substantial challenges compared to the overall market performance. The year-to-date and one-year returns for Graphisads are notably negative, contrasting sharply with the Sensex's positive returns of 6.45% and -2.97%, respectively. This disparity highlights the stock's ongoing struggles, despite some recent short-term gains, suggesting that broader market conditions may not be favorable for Graphisads at this time.