Why is Nettlinx falling/rising?

As of 13-Oct, Nettlinx Ltd's stock price is currently at Rs 23.69, reflecting an increase of Rs 1.12 or 4.96%. The stock has shown a positive trend recently, gaining 10.19% over the last two days and outperforming its sector by 5.71% today. Despite this upward movement, the stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a longer-term weakness. Additionally, there has been a significant drop in investor participation, with delivery volume falling by 75.87% compared to the 5-day average, which may suggest a lack of confidence among investors.
Broader market context shows that while Nettlinx has gained 4.45% over the past month, it has underperformed the benchmark Sensex, which has increased by 0.52% during the same period. In the short term, the stock's performance today contrasts with its 1-week return of -4.97%, indicating a potential rebound. However, the year-to-date performance remains concerning, with a decline of 69.63% compared to the Sensex's gain of 5.36%, highlighting the challenges faced by Nettlinx in the broader market environment.