Why is Katare Spinning falling/rising?

As of 11-Nov, Katare Spinning Mills Ltd's stock price is currently at 119.00, reflecting an increase of 6.85, or 6.11%. Today's performance indicates a positive trend as the stock has gained after four consecutive days of decline, opening with a significant gap up of 8.65%. The stock reached an intraday high of Rs 121.85, and there has been a notable rise in investor participation, with delivery volume increasing by 65.09% compared to the five-day average. However, it is important to note that the stock is still trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. In terms of returns, the stock has underperformed the benchmark Sensex over the past week, month, year-to-date, and year, with a particularly steep decline of 44.39% year-to-date compared to the Sensex's gain of 7.34%.
Broader Market Context: In the short term, Katare Spinning's performance has been weaker than the benchmark, as evidenced by its 1-week return of -1.37% compared to the Sensex's positive return of +0.49%. This suggests that while the stock is experiencing a rebound today, it has struggled to keep pace with broader market trends recently. The overall market context indicates that despite today's gains, the stock's long-term performance has been significantly negative, with a year-over-year decline of 46.41% against the Sensex's modest gain of 5.50%. This disparity highlights the challenges faced by Katare Spinning in the current market environment.