Why is Iris Clothings falling/rising?

As of 20-Aug, Iris Clothings Ltd is experiencing a slight increase in its stock price, currently at 32.87, reflecting a change of 0.1, or 0.31% upward. The stock's performance today is in line with its sector, and it is trading above its 20-day, 50-day, 100-day, and 200-day moving averages, although it is below the 5-day moving average. Over the past week, the stock has gained 0.46%, and over the past month, it has risen by 5.59%. Year-to-date, the stock has increased by 9.09%, outperforming the Sensex, which has risen by 5.95%. However, the stock has significantly underperformed over the longer term, with a decline of 67.54% over three years and 38.42% over five years. There is no information available regarding positive or negative factors impacting the stock's recent movement.
In the broader market context, the stock's short-term return of 0.46% over the past week is notably lower than the Sensex's return of 1.75% during the same period. This indicates that while Iris Clothings is showing some upward movement, it is lagging behind the overall market performance. The stock's liquidity is adequate for trading, as it is based on 2% of the 5-day average traded value, allowing for a trade size of Rs 0.02 crore. Overall, while the stock is seeing a minor rise, its long-term performance remains a concern compared to both its historical performance and the benchmark index.