Why is Indian Terrain falling/rising?

As of 15-Sep, Indian Terrain Fashions Ltd's stock price is currently at 33.46, reflecting an increase of 0.31 or 0.94%. The stock has shown a trend reversal, gaining after two consecutive days of decline. Despite this recent uptick, the stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a generally bearish trend. Over the past week, the stock has underperformed the benchmark Sensex, which has risen by 1.24%, while Indian Terrain has declined by 0.86%. Additionally, there has been a notable increase in investor participation, with delivery volume rising by 84.15% against the 5-day average, suggesting a growing interest in the stock despite its overall negative performance year-to-date and over the past year.
In the broader market context, Indian Terrain's year-to-date decline of 29.93% starkly contrasts with the Sensex's gain of 4.67%, highlighting significant underperformance. The stock's longer-term returns are also concerning, with a 46.37% drop over the past year compared to the benchmark's slight decline of 1.33%. This disparity indicates that while there may be short-term positive movements, the overall sentiment towards Indian Terrain remains weak in comparison to the broader market. The absence of specific positive or negative factors further complicates the outlook, leaving the stock's future trajectory uncertain amidst a generally favorable market environment for other stocks.