Why is Indian Phosphate falling/rising?

As of 23-Jul, Indian Phosphate Ltd is currently priced at 54.30, reflecting an increase of 0.75 or 1.4%. Despite this positive movement today, the stock has been underperforming in the longer term, with a decline of 7.97% over the past month and a significant drop of 32.34% year-to-date. Today's performance indicates that the stock has outperformed its sector by 1.71%. However, it is trading below its moving averages across all time frames (5-day, 20-day, 50-day, 100-day, and 200-day), suggesting a bearish trend. Additionally, there has been a notable decrease in investor participation, with delivery volume falling by 43.82% compared to the 5-day average, indicating reduced interest in trading the stock.
In the broader market context, Indian Phosphate's short-term return of +1.31% over the past week contrasts with the Sensex, which has only increased by 0.03%. This suggests that while the stock is experiencing a slight uptick today, its overall performance remains weak compared to the benchmark. The year-to-date performance further highlights the stock's struggles, as it has significantly lagged behind the Sensex, which has gained 6.66% in the same period. Overall, the combination of declining investor participation and underperformance relative to both historical averages and the benchmark indicates that the stock's recent rise may not be sustainable without a reversal in these trends.