Why is Kesar India falling/rising?

As of 02-Jul, Kesar India Ltd's stock price is currently at Rs 608.00, reflecting an increase of Rs 13.0 or 2.18%. The stock has shown a trend reversal, gaining after three consecutive days of decline. It reached an intraday high of Rs 608, although it also touched a low of Rs 580.15 earlier in the day. Despite this positive movement, the stock has experienced a significant year-to-date decline of 24.85% and a one-year drop of 29.28%. Additionally, there has been a notable decrease in investor participation, with delivery volume falling by 30.73% against the five-day average, indicating a potential concern regarding sustained interest in the stock.
In the broader market context, Kesar India's short-term performance over the past week shows a return of 0.73%, which is slightly below the benchmark Sensex's return of 0.79%. Over the past month, however, Kesar India has outperformed the Sensex, with a return of 8.65% compared to the benchmark's 2.50%. This suggests that while the stock has faced challenges in the longer term, it has recently shown resilience relative to the market, particularly in the short term. The stock's liquidity remains adequate for trading, but its performance against longer moving averages indicates that it may still be under pressure compared to broader market trends.