Why is Mach Conferences falling/rising?

As of 10-Jul, Mach Conferences & Events Ltd is experiencing a price increase, currently at 149.00, reflecting a change of 1.0 or 0.68% upward. The stock has shown mixed performance recently, with a 1-week decline of 0.80% and a modest 1-month gain of 0.44%. However, it has significantly underperformed year-to-date, down 35.80%, while the Sensex has risen by 6.46%. Today's price summary indicates that the stock has underperformed its sector by 0.27%, although it is trading above its 5-day and 20-day moving averages, yet below its longer-term moving averages. Notably, there has been a rise in investor participation, with delivery volume increasing by 29.63% compared to the 5-day average, suggesting growing interest despite the overall negative trend.
In the broader market context, the stock's recent performance contrasts with the benchmark Sensex, which has shown a slight decline of only 0.06% over the past week. While Mach Conferences has seen a short-term increase today, the longer-term outlook remains challenging, as evidenced by its significant year-to-date decline compared to the benchmark's positive performance. The lack of specific positive or negative factors in the dashboard limits a deeper analysis of the stock's movements, but the increase in trading volume may indicate a potential shift in investor sentiment, even as the stock continues to struggle against broader market trends.