Why is Intl. Combustion falling/rising?

As of 08-Aug, International Combustion (India) Ltd's stock price is currently at Rs 736.45, reflecting an increase of Rs 11.45, or 1.58%. The stock opened with a gain of 3.31% today and reached an intraday high of Rs 749. Despite this positive movement, the stock is trading lower than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Over the past week, the stock has declined by 5.03%, and it is currently 2.69% away from its 52-week low of Rs 716.65. Additionally, there has been a significant drop in investor participation, with delivery volume falling by 34.35% against the 5-day average, indicating a potential concern regarding sustained interest in the stock.
Broader market context shows that while International Combustion has outperformed its sector by 2.45% today, its short-term performance over the past month has been notably poor, with a decline of 12.31%, compared to a smaller decline of 4.60% in the Sensex. Year-to-date, the stock has decreased by 23.05%, contrasting sharply with the Sensex's increase of 2.20%. This disparity suggests that despite today's positive movement, the stock is struggling in the broader market context, which may be affecting investor sentiment and participation.