Why is Mafia Trends falling/rising?

As of 07-Nov, Mafia Trends Ltd's stock price is currently at Rs 13.40, reflecting an increase of Rs 1.02, or 8.24%. Today's trading performance indicates that the stock has outperformed its sector by 7.59%. However, it opened with a significant loss of 18.42% and has experienced high volatility, with an intraday range of Rs 3.3. Despite the positive movement today, the stock has shown a year-to-date decline of 39.80% and a 1-year decline of 23.52%. Additionally, there has been a notable decrease in investor participation, with delivery volume dropping by 76.19% compared to the 5-day average, which may indicate waning interest among investors.
Broader market context shows that while Mafia Trends Ltd has outperformed the Sensex by 12.61% over the past week, the benchmark itself has declined by 0.86%. In the last month, the stock has risen by 32.02%, contrasting with the Sensex's modest gain of 1.57%. This suggests that while the stock is experiencing a short-term recovery, it remains significantly lower on a year-to-date basis compared to the broader market, which has gained 6.50%. Overall, the stock's recent rise can be attributed to short-term trading dynamics, despite its longer-term struggles and declining investor interest.