Why is Lypsa Gems falling/rising?

As of 08-Oct, Lypsa Gems & Jewellery Ltd's stock price is currently at 6.62, reflecting an increase of 0.07 or 1.07%. The stock has been gaining for the last three days, with a total return of 4.91% during this period. However, it has underperformed its sector by 2.98% today. In terms of longer-term performance, the stock has shown a decline of 4.20% over the past month and 7.28% year-to-date, while it has outperformed the benchmark Sensex over the last week with a return of 2.95% compared to the Sensex's 0.98%. Notably, the stock's delivery volume has decreased by 12.53% against the five-day average, indicating falling investor participation, which could be a concern for future price movements.
Broader Market Context: The broader market context shows that the diamond and gold jewellery sector has gained by 4.09%, which contrasts with Lypsa's recent underperformance relative to its sector. While the stock has seen a short-term rise, its longer-term performance remains weak, particularly with a year-over-year decline of 13.58%, compared to a slight increase in the Sensex of 0.17%. This suggests that while there may be some short-term positive momentum, the overall market sentiment and the stock's historical performance indicate challenges that could impact future price stability.