Why is Italian Edibles falling/rising?

As of 09-September, Italian Edibles Ltd's stock price is currently at 33.75, reflecting an increase of 1.25 or 3.85%. The stock has shown a positive performance today, outperforming its sector by 3.32%. Additionally, the stock's delivery volume has risen by 25% compared to the 5-day average, indicating increased investor participation. However, it is important to note that the stock hit a new 52-week low of Rs.29.2 earlier today, and while it is currently above its 5-day and 20-day moving averages, it remains below its longer-term moving averages. Over the past week, the stock has gained 3.85%, contrasting with a decline of 3.57% over the past month and a significant drop of 21.05% year-to-date.
In the broader market context, the Sensex has increased by 1.18% over the past week, which suggests that while Italian Edibles is experiencing a short-term rebound, it is still underperforming relative to the benchmark in the longer term. The stock's year-to-date decline of 21.05% starkly contrasts with the Sensex's gain of 5.18%, indicating that the stock has faced significant challenges compared to the overall market. Despite today's positive movement, the stock's overall performance remains concerning, as it has not kept pace with the broader market trends over the past month and year.