Why is Kiduja India falling/rising?

As of 11-Nov, Kiduja India Ltd's stock price is currently at 18.40, reflecting an increase of 0.77 or 4.37%. The stock has been on a positive trajectory, gaining for the last three days and achieving a total return of 10.58% during this period. Despite this recent uptick, the stock's performance over the longer term remains concerning, with a year-to-date decline of 95.78% and a one-year drop of 96.20%. Additionally, the stock has outperformed its sector by 6.35% today, although it is trading below its longer-term moving averages, indicating mixed signals regarding its overall trend. Notably, there has been a significant decrease in investor participation, with delivery volume falling by 85.26% compared to the five-day average, which could suggest waning interest among investors.
In the broader market context, Kiduja India Ltd's short-term performance of +5.14% over the past week contrasts sharply with the Sensex, which has only increased by 0.49%. This indicates that while the stock is experiencing a short-term rebound, it has struggled significantly over longer periods compared to the benchmark, as evidenced by its year-to-date and one-year returns. The liquidity of the stock remains adequate for trading, but the substantial drop in delivery volume raises concerns about sustained interest and confidence from investors. Overall, while the recent gains are a positive sign, the long-term performance and declining investor participation present challenges for Kiduja India Ltd.