Why is MPIL Corporation falling/rising?

As of 18-Nov, MPIL Corporation Ltd is experiencing a rise in its stock price, currently at 516.35, with an increase of 24.35, representing a 4.95% gain. The stock has shown positive momentum, having outperformed its sector by 7.24% today and achieving a consecutive gain over the last two days with a total return of 10.18%. Despite this upward movement, the stock has been trading lower than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a longer-term downtrend. Additionally, there has been a significant drop in investor participation, with delivery volume falling by 93.46% against the 5-day average, which may suggest caution among investors.
In the broader market context, the stock's performance over the past week shows a decline of 5.53%, while the benchmark Sensex has increased by 0.96%. This indicates that, despite the recent gains, MPIL Corporation is still underperforming relative to the market in the short term. Over the year-to-date, the stock has declined by 14.48%, contrasting sharply with the Sensex's gain of 8.36%. This disparity highlights the challenges MPIL Corporation faces in regaining investor confidence, even as it experiences a temporary rise in price.