Why is MPIL Corporation falling/rising?

As of 11-Sep, MPIL Corporation Ltd is currently priced at 519.20, reflecting an increase of 1.0 (0.19%). The stock has been on an upward trend, gaining for the last three days and achieving a total return of 10.46% during this period. Today, it reached an intraday high of Rs 542, representing a rise of 4.59%, although it also experienced a low of Rs 493.1, which was a decrease of 4.84%. The stock has outperformed its sector by 1.14% today, and there has been a notable increase in investor participation, with delivery volume rising by 319.35% against the five-day average. However, the stock's performance over the longer term shows a decline of 14.00% year-to-date and 7.14% over the past year, indicating some volatility despite recent gains.
In the broader market context, MPIL Corporation's recent performance has significantly outpaced the Sensex, which has only increased by 1.03% over the past week. While the stock has shown a positive short-term return, its year-to-date performance remains negative compared to the benchmark's positive return of 4.36%. This contrast highlights the stock's potential for recovery in the short term, despite its longer-term struggles. The stock's liquidity is adequate for trading, suggesting that the recent price movements may be supported by sufficient market interest, although the absence of specific positive or negative factors in the dashboard limits a comprehensive analysis of the underlying reasons for its price movements.