Why is Magenta Life falling/rising?

As of 18-Aug, Magenta Lifecare Ltd's stock price is currently at 16.50, reflecting an increase of 0.45 or 2.8%. Despite this positive movement today, the stock has underperformed its sector by 1.74%. Over the past week, it has shown a return of +3.77%, significantly outperforming the Sensex, which only gained +0.83%. However, the stock's year-to-date performance is concerning, with a decline of 34.00%, and it has also dropped 52.03% over the past year. The stock's trading activity has been erratic, with no trades on 3 out of the last 20 days, but there has been a notable increase in delivery volume, rising by 66.67% against the 5-day average, indicating rising investor participation. Unfortunately, the positive and negative factors dashboard is unavailable, which limits a comprehensive assessment of the influences on the stock's recent movement.
Broader market context shows that while Magenta Lifecare has experienced a short-term gain, the broader consumer durables sector has performed well, gaining 4.47%. This suggests that the stock's recent rise may not be entirely reflective of overall market strength, as it still lags behind in longer-term performance metrics. The stock's performance over the last month (+13.95%) contrasts sharply with its year-to-date decline, indicating volatility and potential investor caution. Overall, while there are signs of short-term recovery, the long-term outlook remains challenging compared to the benchmark's positive trajectory.