Why is Mid India Inds. falling/rising?

As of 13-Nov, Mid India Industries Ltd's stock price is currently at 8.10, reflecting an increase of 0.65, or 8.72%. The stock has shown a positive trend today, gaining after two consecutive days of decline and outperforming its sector by 8.93%. In terms of returns, the stock has increased by 2.79% over the past week and 4.52% over the past month, although it has experienced a year-to-date decline of 13.09% and a significant drop of 19.56% over the past year. Notably, the stock is trading above its 5-day, 20-day, 50-day, and 100-day moving averages, but below its 200-day moving average. However, there has been a concerning drop in investor participation, with delivery volume falling by 65.25% compared to the 5-day average.
In the broader market context, the stock's short-term performance has outpaced the Sensex, which has only increased by 1.40% over the past week and 2.61% over the past month. Despite this positive short-term movement, the stock's year-to-date and one-year performance remains significantly lower than the benchmark's gains of 8.11% and 8.74%, respectively. This indicates that while there may be a temporary rebound, the overall trend for Mid India Industries Ltd has been negative in the longer term, suggesting underlying challenges that could affect future performance.