Why is Mish Designs falling/rising?

As of 04-Jul, Mish Designs Ltd is experiencing a price increase, currently at Rs. 60.00, which reflects a rise of Rs. 2.0 or 3.45%. Today's price summary indicates that the stock opened with a gain of 3.45% and reached an intraday high of Rs. 60, outperforming its sector by 2.63%. However, it also hit a new 52-week low of Rs. 55.5 earlier in the day, and the stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Despite a significant decline of 58.65% year-to-date and 75.47% over the past year, there has been a notable increase in investor participation, with delivery volume rising by 127.27% against the 5-day average.
In the broader market context, the stock's performance over the past week has been flat at 0.00%, while the benchmark Sensex has declined by 0.74%. This indicates that Mish Designs is not following the downward trend of the broader market in the short term. However, the stock has underperformed significantly over longer periods, with a 22.98% drop over the past month compared to a 3.01% gain in the Sensex. The liquidity of the stock remains adequate for trading, suggesting that while it faces challenges, the recent uptick in price may be driven by increased trading activity and investor interest despite its overall negative performance trends.