Why is K2 Infragen falling/rising?

As of 25-Jul, K2 Infragen Ltd's stock price is currently at Rs 64.05, reflecting an increase of Rs 0.3, or 0.47%. Despite this slight uptick, the stock has experienced a significant decline over the past year, down 76.02%, and has also underperformed the benchmark Sensex over various periods, including a 1-month decline of 9.02% compared to the Sensex's 1.62% drop. Today's performance shows that the stock has outperformed its sector by 2.31%, but it remains close to its 52-week low, being only 4.76% away from Rs 61. Additionally, there has been a notable decrease in investor participation, with delivery volume falling by 25.21% against the 5-day average, indicating reduced interest in trading the stock.
In the broader market context, K2 Infragen's recent performance contrasts with the Sensex, which has shown a year-to-date gain of 5.04%. The stock's higher performance relative to its sector today may suggest some short-term recovery, but the overall trend remains concerning given its substantial losses over the longer term. The stock's liquidity is adequate for trading, but the falling investor participation could signal a lack of confidence among investors, which may continue to impact its price negatively in the future.