Why is MCON Rasayan falling/rising?

As of 29-Sep, MCON Rasayan India Ltd is experiencing a price increase, currently at 67.60, reflecting a change of 3.15 or 4.89% upward. Despite this positive movement today, the stock has shown a significant decline over the past month, down 26.12%, and a year-to-date drop of 67.81%. The stock is currently trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a longer-term bearish trend. However, there has been a notable increase in investor participation, with delivery volume rising by 41.89% against the 5-day average, suggesting growing interest despite the overall downward trajectory. Unfortunately, there is no information available regarding positive or negative factors that could further explain the recent price movements.
In the broader market context, MCON Rasayan's short-term performance has outpaced the benchmark, as it outperformed the sector by 5.16% today. However, over the past week, the stock has declined by 5.32%, while the Sensex has only decreased by 2.25%, indicating that the stock is underperforming relative to the market in the short term. This contrast highlights the challenges MCON Rasayan faces, as it struggles to maintain momentum despite today's gains, particularly given its substantial losses over longer periods compared to the benchmark's performance.