Why is Modipon falling/rising?

As of 14-Nov, Modipon Ltd's stock price is currently at Rs 41.00, reflecting an increase of Rs 2.64, or 6.88%. The stock has shown a trend reversal, gaining after two consecutive days of decline. It outperformed its sector by 7.81% today, reaching an intraday high of Rs 41. Despite this positive movement, the stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a longer-term bearish trend. Additionally, there has been a significant rise in investor participation, with delivery volume increasing by 227.71% compared to the 5-day average. Unfortunately, the positive and negative factors dashboard is not available for further insights.
Broader market context shows that Modipon Ltd's short-term performance over the past week has been slightly better than the benchmark Sensex, with a return of +1.74% compared to the Sensex's +1.62%. However, the stock has underperformed over the longer term, with a year-to-date decline of -32.34% against the Sensex's gain of +8.22%. This contrast highlights the challenges Modipon faces in recovering from its significant losses over the past year, where it has dropped -33.87% compared to the Sensex's +9.00% increase.