Why is Kokuyo Camlin falling/rising?

As of 18-Aug, Kokuyo Camlin Ltd's stock price is currently at 112.05, reflecting an increase of 3.0, or 2.75%. The stock has shown a positive movement today, gaining after nine consecutive days of decline, and opened with a gain of 2.71%. It reached an intraday high of Rs 113.8, representing a 4.36% increase. However, despite today's performance, the stock has underperformed over the past month, with a decline of 5.60%, and a significant year-to-date drop of 13.14%. Additionally, investor participation has decreased, with delivery volume falling by 27.36% against the five-day average, indicating a potential concern for sustained upward momentum.
Broader Market Context: In comparison to the benchmark Sensex, which has increased by 0.83% over the past week, Kokuyo Camlin's stock has only marginally gained by 0.04%. This suggests that while the stock is experiencing a short-term rebound, it is still lagging behind the broader market trends. The stock's performance over the last year shows a substantial decline of 33.70%, contrasting sharply with the Sensex's modest gain of 1.04%, highlighting ongoing challenges for Kokuyo Camlin in the context of overall market performance.