Why is Manoj Ceramic falling/rising?

As of 08-Oct, Manoj Ceramic Ltd's stock price is currently at Rs 103.00, reflecting an increase of Rs 4.45 or 4.52%. The stock has been gaining for the last two days, with a total return of 8.71% during this period. Despite this recent uptick, the stock has underperformed in the longer term, showing a year-to-date decline of 47.23% and a one-year drop of 32.24%. The stock is trading below its moving averages across various time frames, indicating a potential weakness in its price trend. However, there has been a notable increase in investor participation, with delivery volume rising by 275% compared to the five-day average, suggesting growing interest among investors.
In the broader market context, the Sensex has shown a positive return of 0.98% over the past week, while Manoj Ceramic's stock has declined by 1.81% during the same period. This indicates that the stock is not only underperforming the benchmark in the short term but also struggling significantly in the longer term compared to the market's overall performance. The contrasting trends highlight the challenges faced by Manoj Ceramic Ltd, despite its recent gains, as it continues to lag behind the broader market indices.