Why is Lyka Labs falling/rising?

As of 19-Sep, Lyka Labs Ltd is experiencing a slight increase in its stock price, currently at 100.09, with a change of 0.09 (0.09%) upward. The stock's performance today is in line with its sector, although it is higher than the 5-day and 20-day moving averages but lower than the 50-day, 100-day, and 200-day moving averages. Notably, there has been a significant decline in investor participation, with delivery volume falling by 66.12% compared to the 5-day average. Over the past week, the stock has gained 1.03%, while it has seen a modest increase of 0.09% over the last month. However, the year-to-date return shows a substantial decline of 36.91%, contrasting sharply with the benchmark Sensex, which has risen by 5.74% during the same period.
In the broader market context, while Lyka Labs has shown a positive return of 1.03% over the past week, this is slightly better than the Sensex's return of 0.88%. However, the stock's year-to-date performance is significantly lagging behind the benchmark, indicating underlying challenges. The liquidity of the stock remains adequate for trading, as it is based on 2% of the 5-day average traded value. Overall, the combination of falling investor participation and a stark contrast in year-to-date performance compared to the benchmark suggests that while there may be short-term gains, the long-term outlook remains concerning for Lyka Labs Ltd.