Why is Hisar Spg. Mills falling/rising?

As of 30-Oct, Hisar Spinning Mills Ltd's stock price is currently at Rs 53.00, reflecting an increase of Rs 2.5 or 4.95%. The stock has been gaining for the last two days, with a total return of 6% during this period, and it outperformed its sector by 5.49%. However, the stock has experienced significant volatility, opening with a loss of 4.95% today and trading within a wide range of Rs 5. Despite this recent uptick, the stock's performance over the past month shows a decline of 13.51%, and it has underperformed the benchmark Sensex, which has gained 5.15% in the same timeframe. Additionally, there has been a notable decrease in investor participation, with delivery volume falling by 47.37% against the 5-day average, indicating a potential lack of confidence among investors.
Broader Market Context: In the short term, Hisar Spinning Mills' stock has outperformed the Sensex over the past week, gaining 0.76% compared to the benchmark's slight decline of 0.18%. However, the longer-term perspective reveals a stark contrast, as the stock has declined by 20.90% year-to-date, while the Sensex has risen by 8.02%. This disparity highlights the challenges faced by Hisar Spinning Mills in maintaining investor interest and confidence, especially given its erratic trading patterns and the recent drop in delivery volumes. Overall, while the stock has shown some positive movement recently, its broader performance remains concerning relative to the market.