Why is Laffans Petroch falling/rising?

As of 22-Sep, Laffans Petrochemicals Ltd is currently priced at 37.80, reflecting an increase of 0.16 or 0.43%. The stock has been on a positive trajectory, gaining for the last four days with a total return of 2.38% during this period. However, despite this recent uptick, the stock has underperformed in the short term, with a 1-week return of -0.13% compared to the Sensex's gain of 0.46%. Additionally, while the stock's performance over the past month shows a significant increase of 9.79%, it has experienced a year-to-date decline of 31.27%. Notably, there has been a sharp decline in investor participation, with delivery volume dropping by 90.94% against the 5-day average, which could indicate waning interest despite the recent price increase.
In the broader market context, the Sensex has shown a modest gain of 1.05% over the past month, while Laffans Petrochemicals Ltd has outperformed the sector today by 1.26%. However, the stock's year-to-date performance is starkly contrasted by the Sensex's 5.15% gain, highlighting a significant divergence in performance. The stock's moving averages indicate that it is currently above the 5-day, 20-day, 50-day, and 100-day averages, yet remains below the 200-day average, suggesting a mixed technical outlook. Overall, while the recent gains may suggest a recovery, the substantial year-to-date decline and falling investor participation raise concerns about the sustainability of this upward movement.