Why is Kesar Enterprise falling/rising?

As of 15-Oct, Kesar Enterprises Ltd's stock price is currently at 10.06, reflecting an increase of 0.47, or 4.9%. The stock has been on a positive trajectory, gaining for the last three days and achieving a total return of 15.5% during this period. Despite a year-to-date decline of 24.45% and a one-year drop of 32.16%, the stock has outperformed its sector by 4.11% today. It is currently trading above its 5-day, 100-day, and 200-day moving averages, although it remains below its 20-day and 50-day moving averages. Notably, there has been a decrease in investor participation, with delivery volume falling by 2.48% against the 5-day average, indicating a potential concern regarding sustained interest in the stock.
Broader market context shows that Kesar Enterprises has outperformed the Sensex in the short term, with a weekly return of 11.04% compared to the benchmark's 1.02%. However, the stock's longer-term performance remains weak, with significant declines over the past month and year. The broader market has shown resilience, with the Sensex gaining 1.00% over the past month and 5.72% year-to-date. This contrast highlights that while Kesar Enterprises is experiencing a short-term rebound, its overall performance remains challenged compared to the market, suggesting that investors may be cautiously optimistic but wary of the stock's longer-term trends.