Why is Maks Energy falling/rising?

As of 29-Aug, Maks Energy Solutions India Ltd is experiencing a price increase, with its current price at 28.00, reflecting a rise of 0.75 or 2.75%. The stock has outperformed its sector today by 2.22%, although it is currently above the 5-day and 20-day moving averages, yet below the 50-day, 100-day, and 200-day moving averages. Despite this positive movement today, the stock has shown a significant decline year-to-date, down 34.81%, and has a one-year return of -48.29%. Additionally, there has been a notable decrease in investor participation, with delivery volume falling by 41.18% compared to the 5-day average, indicating a potential concern regarding sustained interest in the stock.
In the broader market context, the stock's short-term performance over the past week has been positive, with a return of +6.67%, contrasting sharply with the Sensex, which has declined by 1.78% during the same period. This suggests that while Maks Energy is currently gaining traction relative to the market, its longer-term performance remains weak, as evidenced by its negative returns over the past month and year. The liquidity of the stock appears adequate for trading, as it is based on 2% of the 5-day average traded value, but the overall declining trend in investor participation could pose challenges for future price stability.