Why is Mirza Internatio falling/rising?

As of 24-Jun, Mirza International Ltd's stock price is currently at 30.91, reflecting a slight increase of 0.05, or 0.16%. The stock has shown mixed performance in recent periods, with a 1-week return of +2.35%, indicating a positive short-term trend, while it has underperformed its sector by 0.4% today. The stock's moving averages indicate it is performing better than the 5-day, 20-day, and 50-day averages, but it remains below the 100-day and 200-day averages. Additionally, there has been a notable increase in investor participation, with delivery volume rising by 33.64% against the 5-day average, suggesting growing interest. However, the stock has experienced a significant decline over the longer term, with year-to-date and one-year returns of -18.66% and -31.63%, respectively.
In the broader market context, Mirza International's recent 1-week performance of +2.35% contrasts positively with the Sensex's return of +0.58%, indicating that the stock is gaining traction relative to the benchmark in the short term. Despite this, the stock's year-to-date performance significantly lags behind the Sensex, which has gained 5.01%. This disparity highlights the challenges the company faces in recovering from its longer-term declines, even as it shows signs of short-term improvement. Overall, while there are positive indicators such as increased trading volume and short-term gains, the stock's longer-term performance remains a concern.