Why is Mihika Industrie falling/rising?

As of 08-Oct, Mihika Industries Ltd is experiencing a price increase, with the current price at Rs 15.95, reflecting a change of 0.49 or 3.17% upward. Despite this positive movement today, the stock has shown a significant decline over the past week and month, with returns of -15.74% and -16.01%, respectively. The stock is currently trading lower than its moving averages across various timeframes, indicating a bearish trend. However, today's performance has outperformed the sector by 4.12%, and there has been a notable increase in investor participation, with delivery volume rising by 6731.81% compared to the 5-day average. Unfortunately, the positive and negative factors dashboard is unavailable, which limits a deeper analysis of the influences on the stock's recent movement.
In the broader market context, Mihika Industries' recent short-term performance contrasts sharply with the benchmark Sensex, which has gained 0.98% over the past week. This underperformance highlights the challenges faced by Mihika Industries, particularly as it has seen a year-to-date decline of 34.50% compared to the Sensex's increase of 4.65%. The stock's current price movement, while positive today, is set against a backdrop of significant long-term underperformance relative to the broader market, which may affect investor sentiment moving forward.