Why is M M Rubber falling/rising?

As of 25-Sep, M M Rubber Co Ltd's stock price is currently at Rs 80.80, reflecting an increase of Rs 2.3 or 2.93%. The stock has shown a performance today that outperformed its sector by 4.72%, indicating a positive shift after two consecutive days of decline. Over the past week, the stock has gained 3.58%, while it has experienced a modest increase of 1.32% over the past month. However, the year-to-date performance shows a decline of 8.81%, and the stock has fallen 15.79% over the past year. Despite being higher than the 5-day, 20-day, and 50-day moving averages, it remains below the 100-day and 200-day moving averages. Notably, there has been a significant drop in investor participation, with delivery volume falling by 86.01% against the 5-day average, which may indicate reduced interest among investors.
In the broader market context, the stock's recent performance contrasts with the Sensex, which has declined by 2.23% over the past week and 0.58% over the past month. This suggests that M M Rubber's short-term gains are notable compared to the overall market trend. While the stock has shown resilience in the short term, the long-term performance remains concerning, with a substantial decline over the past three years at 44.77%, compared to a 39.69% increase in the benchmark. The liquidity of the stock appears adequate for trading, as it is based on 2% of the 5-day average traded value, which supports its current price movement despite the declining investor participation.