Why is Groarc Industrie falling/rising?

As of 05-Jun, Groarc Industries India Ltd is experiencing a price increase, currently at 6.88, which reflects a change of 0.23 or 3.46% upward. The stock has shown a trend reversal, gaining after two consecutive days of decline. Despite a recent drop in investor participation, with delivery volume falling by 47.24% against the 5-day average, the stock has outperformed its sector by 3.11% today. Over the past month, Groarc Industries has seen a positive return of 4.88%, contrasting with a year-to-date decline of 34.97%. The stock's moving averages indicate mixed performance, being higher than the 20-day and 50-day averages but lower than the 5-day, 100-day, and 200-day averages.
In the broader market context, Groarc Industries' short-term performance has been relatively better than the benchmark, as it outperformed the Sensex by 0.38% over the past week, while the Sensex itself declined by 0.23%. However, the stock's year-to-date performance remains significantly lower than the benchmark's 4.23% gain, indicating a challenging environment for the company. Overall, while there are signs of a potential recovery in the short term, the long-term outlook remains cautious due to substantial declines earlier in the year.