Why is Neelamalai Agro falling/rising?

As of 06-Oct, Neelamalai Agro Industries Ltd's stock price is currently at 3,699.00, reflecting an increase of 11.05 (0.3%). The stock has been gaining for the last three days, with a total return of 1.34% over the past week. Today, it opened with a significant gain of 5.75%, reaching an intraday high of Rs 3,900, although it also experienced a low of Rs 3,605 during the day. The stock's performance today is in line with its sector, and there has been a notable increase in investor participation, with delivery volume rising by 11.11% compared to the five-day average. However, the stock's year-to-date performance shows a decline of 13.07%, and it has underperformed significantly over the past year and three years compared to the benchmark.
Broader market context indicates that while Neelamalai Agro's short-term return of 1.34% over the past week is slightly below the Sensex's return of 1.77%, the stock has shown resilience in the face of broader market trends. The Sensex has gained 4.67% year-to-date, contrasting with Neelamalai's decline. Despite the stock's recent upward movement, its longer-term performance remains concerning, with a 22.45% drop over the past year compared to a minimal increase in the benchmark. This suggests that while there may be short-term gains, the overall market sentiment and the company's longer-term outlook may still be challenging.