Why is MKP Mobility falling/rising?

As of 24-Jul, MKP Mobility Ltd is experiencing a price increase, with its current price at 123.60, reflecting a rise of 5.85 (4.97%). The stock has shown positive momentum, gaining for the last two days and achieving a total return of 10.21% during this period. It opened with a gap up of 4.97% today and reached an intraday high of Rs 123.6. However, despite this recent uptick, the stock has underperformed in the longer term, with a year-to-date decline of 46.56% and a one-year drop of 59.03%. Notably, there has been a significant decrease in investor participation, with delivery volume falling by 60.27% against the five-day average, indicating potential concerns about sustained interest in the stock.
In the broader market context, MKP Mobility's short-term performance of +8.95% over the past month contrasts with the Sensex, which has only increased by 0.16% during the same period. While the stock has outperformed the sector today by 4.95%, its longer-term performance remains concerning, especially given the substantial declines observed year-to-date and over the past year. The stock's current trading levels are above the 5-day, 20-day, and 50-day moving averages, but below the 100-day and 200-day moving averages, suggesting mixed signals about its overall trend.