Why is Manbro Indust. falling/rising?

As of 20-Oct, Manbro Industries Ltd is experiencing a price increase, currently at Rs 489.80, which reflects a rise of Rs 14.1 or 2.96%. Today's price summary indicates that the stock initially opened with a significant loss of 4.98% but later recovered to touch an intraday high of Rs 493.1, representing a gain of 3.66%. Despite this recovery, the stock's performance has been mixed, with a notable decline in delivery volume by 23.79% against the 5-day average, suggesting falling investor participation. Over the past week, the stock has outperformed its sector by 3.1%, although it has a year-to-date decline of 55.23%, indicating a challenging longer-term trend.
Broader market context shows that while Manbro Industries has had a strong performance over the last three years with a return of 2456.37%, its recent short-term performance is more favorable compared to the benchmark Sensex, which has increased by 2.47% over the past week. This suggests that despite the stock's significant year-to-date decline, it is currently gaining traction relative to the broader market. However, the stock's moving averages indicate that it is still below the longer-term averages, which may signal ongoing volatility and uncertainty in investor sentiment.