Why is Multibase India falling/rising?

As of 19-Sep, Multibase India Ltd is experiencing a price increase, currently at Rs 254.15, which reflects a rise of Rs 7.15 or 2.89%. The stock has outperformed its sector by 2% today, reaching an intraday high of Rs 256, which is a 3.64% increase. However, despite this positive movement, the stock has shown a year-to-date decline of 24.93% and a one-year decline of 7.92%. The delivery volume has decreased by 22.54% compared to the five-day average, indicating a drop in investor participation. The stock's high dividend yield of 21.46% may attract some investors, but it is currently trading above its 5-day and 20-day moving averages while remaining below its longer-term moving averages.
In the broader market context, Multibase India has outperformed the Sensex in the short term, with a 1-week return of 2.69% compared to the benchmark's 0.88%. Over the past month, the stock has gained 5.94%, while the Sensex has only increased by 1.20%. This suggests that, despite the stock's overall poor performance year-to-date and over the past year, it has shown resilience in the short term relative to the broader market. The recent price increase may be a response to short-term trading dynamics rather than a fundamental turnaround, especially given the declining investor participation.