Why is Medi Caps falling/rising?

As of 17-Nov, Medi Caps Ltd's stock price is currently at 37.75, reflecting an increase of 0.25 or 0.67%. The stock has shown a trend reversal, gaining after two consecutive days of decline. Despite this recent uptick, the stock has underperformed in the year-to-date and one-year periods, with declines of 22.56% and 24.06% respectively. Additionally, the stock has outperformed its sector by 0.39% today, although it is trading above its 5-day moving averages but below its longer-term moving averages. Notably, there has been a significant drop in investor participation, with delivery volume falling by 88.92% against the 5-day average, indicating reduced trading interest.
In the broader market context, Medi Caps' short-term performance over the past week shows a gain of 1.32%, which is slightly below the Sensex's increase of 1.69%. While the stock has seen some positive movement today, its overall year-to-date performance remains significantly negative compared to the Sensex's gain of 8.72%. This disparity highlights the challenges faced by Medi Caps in attracting investor confidence, particularly in light of the falling delivery volumes and the stock's historical underperformance over longer periods.