Why is K2 Infragen falling/rising?

As of 05-Aug, K2 Infragen Ltd's stock price is currently at Rs 71.75, reflecting an increase of Rs 2.25, or 3.24%. The stock has shown a strong performance today, outperforming its sector by 5.14% and opening with a gain of 4.75%. However, it has experienced a trend reversal after three consecutive days of gains. Despite this positive movement, the stock's delivery volume has decreased by 15.29% compared to the five-day average, indicating falling investor participation. Over the past week, the stock has risen by 10.38%, while its year-to-date performance shows a significant decline of 55.28%.
In the broader market context, K2 Infragen's recent short-term return of 10.38% over the past week stands in stark contrast to the Sensex, which has declined by 0.69% during the same period. This indicates that K2 Infragen is performing well relative to the market. However, the stock's year-to-date decline of 55.28% is notable compared to the Sensex's modest gain of 4.25%, suggesting that while the stock may be experiencing a temporary rise, it has faced substantial challenges over a longer timeframe.