Why is Mafia Trends falling/rising?

As of 31-Oct, Mafia Trends Ltd's stock price is currently at Rs. 11.90, reflecting a significant increase of 1.9 (19.0%). The stock has demonstrated erratic trading patterns, having opened with a loss of 18.7% today and touching an intraday low of Rs. 8.13, which is also its new 52-week low. Despite this, the stock reached a high of Rs. 12, indicating high volatility with an intraday fluctuation of 19.17%. Over the past week, the stock has outperformed its sector by 20.05%, although it remains down 46.54% year-to-date. Notably, there has been a decline in investor participation, with delivery volume dropping by 37.5% against the 5-day average, which may contribute to the stock's recent instability.
Broader Market Context: In comparison to the benchmark Sensex, which has seen a slight decline of 0.32% over the past week, Mafia Trends Ltd's stock has performed positively with a 19.00% increase. However, its year-to-date performance remains significantly lower than the Sensex's 7.42% gain, highlighting a challenging environment for the company. The stock's recent volatility and the wide trading range suggest that investor sentiment is mixed, influenced by both the stock's poor long-term performance and its short-term gains.