Why is GTN Textiles falling/rising?

As of 04-September, GTN Textiles Ltd is experiencing a price increase, currently trading at Rs 10.40, which reflects a rise of Rs 1.4 or 15.56%. The stock has shown a positive trend today, outperforming its sector by 16.63% and reversing a three-day consecutive decline. It reached an intraday high of Rs 10.4, indicating strong buying interest. However, despite today's gains, the stock has a year-to-date decline of 14.75% and a one-year drop of 19.32%, suggesting ongoing challenges. Additionally, there has been a significant decrease in investor participation, with delivery volume falling by 78.1% compared to the five-day average, which could indicate caution among investors.
Broader Market Context: In the short term, GTN Textiles has outperformed the benchmark Sensex, which has only increased by 0.80% over the past week while GTN Textiles rose by 12.80%. This performance highlights a positive divergence in the stock's recent movement compared to the broader market. However, over longer periods, the stock has underperformed against the Sensex, particularly over three years, where it has declined by 25.71% compared to the benchmark's gain of 37.27%. This broader context suggests that while GTN Textiles is currently experiencing a rebound, it faces significant challenges in regaining investor confidence and aligning with market trends.