Why is Manoj Ceramic falling/rising?

As of 22-Jul, Manoj Ceramic Ltd's stock price is currently at Rs 159.00, reflecting an increase of Rs 3.0 or 1.92%. The stock has shown a strong performance today, outperforming its sector by 0.93%, and reached an intraday high of Rs 161, marking a rise of 3.21%. However, despite this positive movement, the stock has experienced a significant decline over the past month, down 21.42%, and a year-to-date drop of 18.55%. Additionally, there has been a notable decrease in investor participation, with delivery volume falling by 86.49% compared to the 5-day average, indicating reduced interest among investors.
In the broader market context, the stock's short-term return of +11.34% over the past week contrasts sharply with the Sensex, which has decreased by 0.47% during the same period. This suggests that Manoj Ceramic is performing well relative to the benchmark in the short term, despite its longer-term struggles. The stock's moving averages indicate that it is currently above the 5-day moving average but below the longer-term averages, which may reflect some volatility in investor sentiment. Overall, while the stock has shown a positive movement today, the significant declines in recent months and falling investor participation may temper enthusiasm moving forward.