Why is Modern Dairies falling/rising?

As of 17-Sep, Modern Dairies Ltd is experiencing a slight increase in its stock price, currently at 49.30, reflecting a change of 0.17 or 0.35% upward. The stock has outperformed its sector by 0.68% today, with a notable rise in delivery volume of 15.11% compared to the 5-day average, indicating increased investor participation. While the stock is currently above its 5-day and 20-day moving averages, it remains below the longer-term moving averages of 50, 100, and 200 days. In terms of returns, the stock has seen a decline of 1.36% over the past month and a significant year-to-date drop of 18.98%, despite a remarkable 290.03% increase over the last three years.
In the broader market context, the stock's short-term performance over the past week shows a gain of 0.82%, which is lower than the Sensex's increase of 1.56% during the same period. This suggests that while Modern Dairies is showing some positive movement, it is not keeping pace with the overall market. The year-to-date performance also highlights a stark contrast, with the Sensex up 5.83%, indicating that the stock has been underperforming relative to the market. Overall, the recent upward movement in price may be attributed to increased trading activity and investor interest, but the stock still faces challenges in recovering from its significant year-to-date losses.