Why is MPIL Corporation falling/rising?

As of 10-Sep, MPIL Corporation Ltd's stock price is currently at Rs 518.20, reflecting an increase of Rs 24.65 or 4.99%. The stock has shown a positive performance today, outperforming its sector by 5.09% and has been on a consecutive gain for the last two days, accumulating a total return of 10.24% during this period. Despite opening with a loss of 4.97%, the stock reached an intraday high of Rs 518.20. However, it has experienced a decline of 0.54% over the past week and a slight decrease of 0.01% over the past month, with a year-to-date drop of 14.17%. Notably, there has been a significant increase in investor participation, with delivery volume rising by 721.43% against the 5-day average, indicating heightened interest in the stock.
In the broader market context, the stock's recent performance contrasts with the Sensex, which has gained 1.06% over the past week and 1.96% over the past month. While MPIL Corporation has struggled in the short term compared to the benchmark, its long-term performance remains strong, with a 91.46% increase over the past three years and a 123.84% increase over the past five years. The stock's liquidity appears adequate for trading, and although it is currently trading above its 5-day and 20-day moving averages, it remains below its longer-term moving averages. Overall, the recent rise in stock price can be attributed to increased investor interest and a rebound from earlier losses, despite its underperformance relative to the broader market in the short term.