Why is Mish Designs falling/rising?

As of 15-Jul, Mish Designs Ltd's stock price is currently at Rs 56.75, reflecting an increase of Rs 1.5 or 2.71%. The stock has shown a trend reversal today, gaining after two consecutive days of decline. It opened with a gap up of 3.17% and reached an intraday high of Rs 57. 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, there has been a notable rise in investor participation, with delivery volume increasing by 35.42% compared to the 5-day average. However, the stock's performance over the past week, month, and year has been poor, with declines of 2.16%, 16.54%, and 60.89% respectively, indicating ongoing challenges.
In the broader market context, the Sensex has shown a decline of 1.36% over the past week and a gain of 1.79% over the past month, contrasting with Mish Designs' significant losses. The stock's year-to-date performance is particularly concerning, down 60.89% compared to the Sensex's 5.67% increase. This underperformance highlights the stock's struggles relative to the benchmark, suggesting that while there may be short-term gains today, the overall trend remains negative when viewed in a longer context.