Why is Gujarat Hy-Spin falling/rising?

As of 24-Sep, Gujarat Hy-Spin Ltd's stock price is currently at Rs 17.85, reflecting an increase of 1.62 or 9.98%. The stock has shown a positive trend recently, gaining for the last two days with a total return of 20.93% during this period. However, despite this short-term gain, the stock has experienced significant declines over the past week and month, with returns of -26.84% and -28.57%, respectively. Additionally, the stock is trading below its moving averages across various time frames, indicating a potential weakness in its price momentum. There is also a noted decrease in investor participation, with delivery volume falling by 19.35% against the five-day average, which may suggest waning interest among investors.
In the broader market context, while Gujarat Hy-Spin's recent performance has outpaced the sector by 11.19%, it has still struggled significantly compared to the benchmark Sensex over the longer term. The Sensex has shown a slight increase of 0.50% over the past month, contrasting with Gujarat Hy-Spin's steep decline. Year-to-date, the stock is down 13.98%, while the Sensex has risen by 4.58%. This disparity highlights the challenges faced by Gujarat Hy-Spin in maintaining investor confidence amidst broader market stability.