Why is Mish Designs falling/rising?

As of 24-Sep, Mish Designs Ltd is experiencing a price increase, with its current price at Rs 58.06, reflecting a rise of 2.76 or 4.99%. Today's price summary indicates that the stock has outperformed its sector by 5.42% and has shown a trend reversal after five consecutive days of decline. The stock opened with a gain of 3.07% today and reached an intraday high of Rs 58.06. However, it is important to note that Mish Designs is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a longer-term downtrend. Additionally, there has been a significant drop in investor participation, with delivery volume falling by 72.22% compared to the 5-day average, which may suggest a lack of confidence among investors.
In the broader market context, Mish Designs has underperformed compared to the Sensex over various periods, including a 1-week decline of 8.51% against the benchmark's 1.18% drop and a year-to-date decline of 59.99% compared to the Sensex's gain of 4.58%. This stark contrast highlights the challenges faced by the company relative to the overall market performance. Despite today's positive movement, the stock's significant historical underperformance and declining investor participation may continue to weigh on its future prospects.