Why is Indian Acrylics falling/rising?

As of 19-Sep, Indian Acrylics Ltd is currently priced at 7.84, reflecting a rise of 0.05 or 0.64%. The stock has shown a positive trend recently, gaining for the last three days with a total return of 1.69%. However, despite this short-term gain, the stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a longer-term downward trend. Additionally, while the stock has underperformed against the benchmark Sensex over various periods, including a year-to-date decline of 27.41% compared to the Sensex's gain of 5.74%, it has recently outperformed its sector by 0.44%. There is also a notable increase in investor participation, with delivery volume rising by 37.51% against the 5-day average, suggesting growing interest in the stock.
In the broader market context, the stock's recent performance contrasts with the benchmark Sensex, which has seen a positive return of 0.88% over the past week, while Indian Acrylics has declined by 0.51%. This disparity highlights the challenges faced by Indian Acrylics in gaining traction compared to the overall market. The stock's liquidity remains adequate for trading, indicating that while there is some investor interest, the overall performance relative to the market and historical returns suggests ongoing struggles for the company.