Why is MEP Infrast. falling/rising?

As of 15-Oct, MEP Infrastructure Developers Ltd's stock price is currently at 2.22, reflecting an increase of 0.04 or 1.83%. The stock has shown significant gains over the past 21 days, rising by 44.16%, although it underperformed its sector by 0.72% today. It is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a positive trend. However, there has been a notable decline in investor participation, with delivery volume dropping by 40.17% compared to the 5-day average, which may suggest reduced interest despite the recent price increase.
In the broader market context, MEP Infrastructure's short-term performance of +9.90% over the past week significantly outpaces the Sensex's gain of +1.02% during the same period. While the stock has shown impressive short-term returns, it has struggled year-to-date with a decline of 23.45%, contrasting with the Sensex's increase of 5.72%. This disparity highlights the stock's volatility and the challenges it faces in maintaining investor confidence, despite recent gains.