Why is Madhusudan Sec. falling/rising?

As of 04-Aug, Madhusudan Securities Ltd is experiencing a price increase, with the current price at 20.54, reflecting a change of 0.32 or 1.58% upward. The stock has been gaining for the last two days, showing a total return of 2.7% during this period. However, despite this recent uptick, the stock has underperformed over the longer term, with a year-to-date decline of 24.93% compared to a 3.69% increase in the benchmark Sensex. Additionally, the stock's delivery volume has decreased by 6.45% against the 5-day average, indicating a decline in investor participation, which could be a concern for sustained upward momentum.
In the broader market context, while the stock has shown a slight recovery in the short term, it has lagged behind the Sensex over the past week, with a return of -0.10% compared to the benchmark's gain of 0.16%. This underperformance over the longer periods, including a 10.31% drop in the last month versus a 2.89% decline in the Sensex, suggests that the stock is facing challenges in attracting investor interest despite its recent gains. The liquidity of the stock remains adequate for trading, but the falling delivery volumes may indicate caution among investors, which could hinder any significant recovery in the stock price.