Why is Kanchi Karpooram falling/rising?

As of 12-Nov, Kanchi Karpooram Ltd's stock price is currently at Rs 396.00, reflecting an increase of Rs 7.0 or 1.8%. The stock has been gaining for the last four days, with a total return of 5.19% during this period. Despite this recent uptick, the stock has shown a decline of 2.11% over the past month and a significant drop of 25.98% year-to-date. Notably, the stock is currently outperforming its sector by 0.72%. However, there is a concerning trend in investor participation, as the delivery volume has decreased by 64.95% compared to the five-day average, indicating a potential lack of confidence among investors.
In the broader market context, Kanchi Karpooram's short-term performance over the past week shows a modest gain of 0.14%, while the benchmark Sensex has increased by 1.21% during the same period. This underperformance relative to the benchmark highlights the challenges the stock faces despite its recent gains. Additionally, the stock's moving averages indicate that it is performing better than its five-day moving average but is still below the longer-term averages, suggesting a mixed outlook. Overall, while there are signs of recovery in the short term, the stock's long-term performance remains weak compared to the broader market.