Why is KIC Metaliks falling/rising?

As of 15-Sep, KIC Metaliks Ltd's stock price is currently at 33.74, reflecting an increase of 0.74 or 2.24%. The stock has been gaining for the last two days, with a total return of 3.59% during this period, and it has outperformed its sector by 2.09%. However, despite this recent uptick, the stock has shown a decline of 1.72% over the past month and a significant drop of 18.70% year-to-date. Additionally, the delivery volume has decreased by 62.95% compared to the 5-day average, indicating falling investor participation, which may negatively impact future price movements.
Broader Market Context: In the short term, KIC Metaliks has outperformed the benchmark Sensex, which increased by 1.24% over the past week, while KIC Metaliks rose by 2.06%. However, the stock's longer-term performance is concerning, with a year-to-date decline of 18.70% compared to the Sensex's gain of 4.67%. This contrast highlights the stock's struggles relative to the broader market, despite its recent gains. Overall, while the stock has shown some positive movement recently, the significant declines over longer periods and reduced investor participation suggest caution moving forward.