Why is KIC Metaliks falling/rising?

As of 24-Sep, KIC Metaliks Ltd is experiencing a price increase, with its current price at 33.23, reflecting a change of 0.23 or 0.7% upward. The stock has shown a positive performance today, outperforming its sector by 0.89% and has been gaining for the last two days, accumulating a total return of 1.03% during this period. However, despite this recent uptick, the stock has underperformed over longer periods, with a year-to-date decline of 19.93% and a one-year drop of 29.00%. Additionally, there has been a notable decrease in investor participation, as evidenced by a 41.16% drop in delivery volume compared to the five-day average, which may indicate waning interest among investors.
In the broader market context, KIC Metaliks' short-term performance contrasts with the benchmark Sensex, which has seen a decline of 1.18% over the past week, suggesting that the stock's recent gains are occurring in a generally unfavorable market environment. While the stock is currently trading above its 20-day moving average, it remains below its 5-day, 50-day, 100-day, and 200-day moving averages, indicating mixed momentum. Overall, the stock's recent rise appears to be a temporary rebound amidst a longer-term trend of underperformance relative to both the market and its historical performance.