Why is Jaihind Synth falling/rising?

As of 10-Sep, Jaihind Synthetics Ltd is experiencing a price increase, currently at Rs 58.00, reflecting a rise of 1.3 or 2.29%. Today's price summary indicates that the stock has outperformed its sector by 2.68% and has shown a trend reversal after three consecutive days of decline. The stock opened with a significant gain of 9.35% and reached an intraday high of Rs 62. However, it is important to note that the stock has seen a drastic drop in delivery volume, which fell by 79.92% compared to the 5-day average, indicating a potential concern regarding investor participation. Additionally, while the stock's performance year-to-date shows a robust increase of 20.83%, it has underperformed the benchmark Sensex in the short term, with a 1-week return of -2.01% compared to the Sensex's +1.06%.
In the broader market context, the stock's recent performance contrasts with the benchmark, as it has struggled in the short term while the Sensex has gained. Over the past month, Jaihind Synthetics has declined by 7.79%, while the Sensex has risen by 1.96%. Despite the current upward movement, the stock's overall trend indicates volatility, with moving averages showing it is above the 200-day average but below the shorter-term averages. This mixed performance suggests that while there may be short-term gains, the stock's longer-term trajectory remains uncertain, particularly with falling investor participation and erratic trading patterns.