Why is Lime Chemicals falling/rising?

As of 08-Oct, Lime Chemicals Ltd's stock price is currently at Rs 16.00, reflecting an increase of Rs 1.5, or 10.34%. The stock has shown a positive performance today, outperforming its sector by 11.18% and achieving consecutive gains over the last two days with a total return of 11.89%. Despite this recent uptick, the stock has experienced significant declines over longer periods, with a year-to-date drop of 33.33% and a one-year decline of 49.06%. Additionally, while the stock has been trading in a wide range and has shown high volatility today, there has been a notable decrease in investor participation, with delivery volume falling by 89.04% compared to the five-day average.
In the broader market context, the Sensex has gained 0.98% over the past week, while Lime Chemicals has declined by 3.03% during the same period, indicating that the stock has underperformed relative to the benchmark in the short term. However, over the past month, Lime Chemicals has outperformed the Sensex, with a return of 3.23% compared to the benchmark's 1.22%. This mixed performance highlights the stock's volatility and the challenges it faces in regaining investor confidence, particularly given its substantial losses over the longer time frames.