Why is Namo eWaste falling/rising?

As of 10-Nov, Namo eWaste Management Ltd's stock price is currently at 191.90, reflecting an increase of 5.35, or 2.87%. The stock has shown a positive performance today, outperforming its sector by 3.13%. However, it is important to note that while the stock is currently above its 5-day, 50-day, 100-day, and 200-day moving averages, it remains below its 20-day moving average. Additionally, there has been a decline in investor participation, with delivery volume falling by 14.03% against the 5-day average. In terms of returns, the stock has gained 5.15% over the past week, contrasting with a decline of 0.73% in the Sensex, but it has underperformed over the longer term, with a year-to-date decline of 8.79% compared to the Sensex's gain of 8.16%.
Broader Market Context: In the short term, Namo eWaste's performance has been favorable compared to the benchmark, as indicated by its weekly return of 5.15% against the Sensex's negative return. However, the stock's year-to-date and one-year performance shows significant underperformance relative to the benchmark, with declines of 8.79% and 19.51%, respectively, while the Sensex has seen positive returns in both periods. This mixed performance suggests that while there may be short-term positive sentiment driving the stock's rise today, broader trends indicate ongoing challenges for Namo eWaste Management Ltd in the market.