Why is HRH Next falling/rising?

As of 11-Sep, HRH Next Services Ltd's stock price is currently at 35.70, reflecting an increase of 1.7, or 5.0%. The stock has shown a strong performance today, outperforming its sector by 5.34%. In terms of returns, the stock has gained 9.17% over the past week, although it has seen a decline of 0.70% over the last month. Despite this recent uptick, the stock's year-to-date performance remains significantly negative at -65.09%, indicating a long-term struggle. Additionally, the stock is trading above its 5-day and 20-day moving averages but below its longer-term moving averages (50-day, 100-day, and 200-day). Notably, there has been a sharp decline in investor participation, with delivery volume dropping by 82.76% compared to the 5-day average, which could indicate waning interest among investors.
Broader Market Context: In comparison to the benchmark Sensex, which has increased by 1.10% over the past week, HRH Next's performance is notably stronger, suggesting a short-term recovery relative to the broader market. However, over the longer term, the stock's year-to-date decline of -65.09% starkly contrasts with the Sensex's positive return of 5.75%, highlighting the challenges faced by HRH Next Services Ltd. The liquidity of the stock is adequate for trading, as it is based on 2% of the 5-day average traded value, but the significant drop in delivery volume raises concerns about sustained interest and confidence in the stock moving forward.