Why is Indian Phosphate falling/rising?

As of 12-Sep, Indian Phosphate Ltd's stock price is currently at 55.15, reflecting an increase of 3.75, or 7.3%. The stock has outperformed its sector today by 6.42%. However, despite this positive movement, the stock has shown a significant decline year-to-date of 31.28% and a staggering 60.05% drop over the past year. The stock's performance today is higher than its 5-day and 20-day moving averages, but it remains below the longer-term moving averages of 50, 100, and 200 days. Additionally, there has been a notable decrease in investor participation, with delivery volume falling by 47.62% against the 5-day average, indicating a potential concern for sustained interest in the stock.
In the broader market context, Indian Phosphate's short-term return of 7.40% over the past week significantly outpaces the Sensex, which has only increased by 1.51% during the same period. However, the stock's year-to-date performance is considerably worse than the benchmark, which has gained 6.21%. This contrast highlights the stock's volatility and challenges in maintaining investor confidence despite recent gains. Overall, while the stock has seen a rise today, the broader trends and declining participation suggest caution among investors.