Why is Max India Ltd falling/rising?

As of 26-Aug, Max India Ltd is currently priced at 218.00, reflecting an increase of 1.75 or 0.81%. Despite this uptick, the stock has been underperforming its sector significantly, with a performance today that is down by 100.19%. The stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. Additionally, there has been a notable decline in investor participation, with delivery volume dropping by 66.02% compared to the 5-day average. Over the past week, the stock has gained 3.46%, contrasting with a decline of 2.68% over the past month and a year-to-date drop of 15.22%. Unfortunately, there is no information available regarding positive or negative factors that could further explain the stock's recent movement.
In the broader market context, Max India Ltd's short-term performance has been relatively strong compared to the benchmark Sensex, which has decreased by 1.05% over the past week. However, the stock's longer-term performance has been disappointing, with a year-to-date decline of 15.22% against the Sensex's gain of 3.39%. This divergence suggests that while the stock may have seen a slight rebound recently, it continues to struggle in the face of broader market trends and investor sentiment.