Why is Manaksia falling/rising?

As of 22-Sep, Manaksia Ltd's stock price is currently at 70.00, reflecting an increase of 0.64, or 0.92%. The stock has shown a trend reversal by gaining after three consecutive days of decline. Despite this recent uptick, it is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a generally bearish trend. Additionally, there has been a notable increase in investor participation, with delivery volume rising by 39.18% compared to the 5-day average. However, the stock has underperformed against the benchmark Sensex over various periods, including a year-to-date decline of 15.78% compared to the Sensex's gain of 5.15%.
Broader Market Context: In the short term, Manaksia's stock has decreased by 0.24% over the past week, while the Sensex has increased by 0.46%, highlighting a relative underperformance. This trend is consistent with the stock's longer-term performance, where it has significantly lagged behind the benchmark over the past year and three years. The broader market context suggests that while there may be some positive momentum in the stock's recent performance, it is still struggling to keep pace with the overall market, which could be a factor in investor sentiment and trading behavior.