Why is Neelam Linens falling/rising?

As of 30-Jul, Neelam Linens and Garments (India) Ltd is experiencing a price increase, with the current price at 23.55, reflecting a rise of 1.0 or 4.43%. Today's performance indicates that the stock has outperformed its sector by 4.44%. However, despite this positive movement, the stock has shown a significant decline of 58.72% year-to-date and a 9.42% drop over the past month. Additionally, the stock's delivery volume has decreased by 58.33% compared to the 5-day average, indicating falling investor participation. The stock is currently trading higher than its 5-day moving averages but lower than its longer-term moving averages, suggesting mixed signals regarding its momentum.
In the broader market context, the stock's short-term performance over the past week shows a gain of 1.95%, contrasting with the Sensex, which has declined by 1.45%. This indicates that Neelam Linens is performing better than the overall market in the short term. However, the year-to-date performance starkly contrasts with the Sensex's positive return of 5.12%, highlighting the stock's struggles in the longer term. Overall, while there are some positive movements in the short term, the significant declines over the year and reduced investor participation suggest ongoing challenges for Neelam Linens.