Why is New Light Indust falling/rising?

As of 11-Nov, New Light Industries Ltd is currently priced at 1.74, reflecting a rise of 0.02 or 1.16%. Despite this positive movement today, the stock has been underperforming in the longer term, with a significant decline of 23.35% over the past month and an alarming 85.04% drop over the past year. Today's performance summary indicates that the stock has outperformed its sector by 0.34%, but it is trading below all key moving averages, suggesting a bearish trend. Additionally, there has been a notable decrease in investor participation, with delivery volume falling by 69.73% compared to the 5-day average, indicating a lack of confidence among investors.
In the broader market context, the Sensex has shown a modest gain of 1.66% over the past month, contrasting sharply with New Light Industries' significant decline. This disparity highlights the stock's struggles relative to the overall market performance. While the stock has seen a slight uptick today, the ongoing negative trends in both short-term and long-term returns suggest that the stock's recovery may be limited without a substantial change in investor sentiment or company performance.