Why is Graphite India falling/rising?

As of 24-Sep, Graphite India Ltd. is currently priced at 572.15, reflecting a decrease of 2.45 points or 0.43%. Despite this decline, the stock has shown a positive performance over the past week, with a return of 3.21%, and a notable increase of 6.66% over the past month. However, it has underperformed its sector today by 0.33%. The stock is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a generally positive trend. Nonetheless, there has been a significant drop in investor participation, with delivery volume falling by 38.83% compared to the 5-day average. The company maintains a low debt-to-equity ratio, which is a positive factor, suggesting financial stability.
In the broader market context, Graphite India's recent performance contrasts with the Sensex, which has declined by 1.18% over the past week while the stock itself has gained. However, year-to-date, Graphite India has underperformed the benchmark, with a return of 1.54% compared to the Sensex's 4.58%. This indicates that while the stock has shown resilience in the short term, its overall performance relative to the market remains weaker. The liquidity of the stock is adequate for trading, but the falling delivery volume may signal a decrease in investor interest, contributing to the recent price decline.