Why is Mish Designs falling/rising?

As of 24-Jun, Mish Designs Ltd is experiencing a price increase, currently at Rs 60.55, which reflects a rise of Rs 1.95 or 3.33%. Today's price summary indicates that the stock has gained after four consecutive days of decline, opening with a gain of 2.73% and reaching an intraday high of Rs 61.9, which is a 5.63% increase. Despite this positive movement, the stock is still trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Additionally, the stock is currently 3.98% away from its 52-week low of Rs 58.14. The recent rise in delivery volume, which increased by 157.14% against the 5-day average, suggests a growing interest from investors, although the overall performance over the past week, month, and year remains significantly negative, with declines of 15.14%, 29.59%, and 76.61% respectively.
In the broader market context, Mish Designs' performance has been notably poor compared to the Sensex, which has shown a slight increase of 0.58% over the past week and a gain of 5.01% year-to-date. The stark contrast between the stock's year-to-date decline of 58.27% and the benchmark's positive return highlights the challenges faced by Mish Designs in the current market environment. While today's upward movement may indicate a potential trend reversal, the overall negative returns suggest that investors remain cautious. The liquidity of the stock, being adequate for trading, may also contribute to the recent uptick, but the broader market conditions and the stock's historical performance indicate that significant challenges remain.