Why is MRP Agro falling/rising?

As of 07-Aug, MRP Agro Ltd's stock price is currently at Rs. 101.00, reflecting an increase of Rs. 2.4 or 2.43%. The stock has shown a trend reversal today, gaining after two consecutive days of decline. It opened with a significant gap up of 5.48% and reached an intraday high of Rs. 104. However, it also hit a new 52-week low of Rs. 95 earlier in the day. Despite the recent positive movement, the stock has underperformed over the past month, with a decline of 13.86%, while its year-to-date performance shows a substantial drop of 31.29%. The stock is currently trading below all major moving averages, indicating a bearish trend, but there has been a notable increase in investor participation, with delivery volume rising by 51.52% compared to the 5-day average.
In the broader market context, MRP Agro's short-term performance has been notably worse than the benchmark, with a 1-week return of -4.08% compared to the Sensex's -0.69%. This underperformance is further highlighted by its year-to-date decline against the Sensex's positive return of 3.18%. The stock's recent rise today may be attributed to a temporary rebound following its previous lows and increased trading activity, but the overall trend remains concerning given its significant losses over the longer term.