Why is Kiran Syntex falling/rising?

As of 23-Sep, Kiran Syntex Ltd's stock price is currently at 8.37, reflecting an increase of 0.38 or 4.76%. The stock has shown a positive performance today, outperforming its sector by 5.38%. However, it has experienced erratic trading, not trading on 2 out of the last 20 days, and there has been a significant decline in investor participation, with delivery volume dropping by 81.34% against the 5-day average. In terms of returns, the stock has performed well over the past week with a gain of 9.13%, while its year-to-date performance shows a decline of 1.53%. The stock is currently trading above its 5-day and 20-day moving averages but below its longer-term moving averages, indicating mixed momentum.
Broader market context shows that while Kiran Syntex has outperformed the Sensex by a notable margin in the short term, the benchmark index has shown a slight decline of 0.34% over the past week. The stock's year-to-date performance is lagging behind the Sensex, which has gained 5.07% during the same period. This contrast highlights the stock's recent volatility and the challenges it faces in maintaining investor interest, particularly given the falling delivery volumes and erratic trading patterns. Overall, the stock's recent rise can be attributed to short-term gains, but broader market trends and investor participation issues may pose challenges moving forward.