Why is Newmalayalam St. falling/rising?

As of 11-Sep, Newmalayalam Steel Ltd's stock price is currently at 32.65, reflecting an increase of 0.15 or 0.46%. The stock has shown a performance today that outperformed its sector by 0.69%. Notably, the stock's delivery volume has risen significantly, with a 135.29% increase against the 5-day average, indicating rising investor participation. In terms of moving averages, the stock is higher than the 50-day and 100-day averages but lower than the 5-day, 20-day, and 200-day averages. Over the past week, the stock has decreased by 2.54%, while it has appreciated by 22.28% over the last month. However, it has experienced a substantial decline of 57.71% year-to-date.
In the broader market context, the Sensex has increased by 1.10% over the past week and 1.71% over the past month, indicating a positive trend in the overall market. Despite Newmalayalam Steel Ltd's recent gains, its year-to-date performance significantly lags behind the benchmark, which has risen by 5.75%. This disparity suggests that while the stock is experiencing a short-term uptick, it remains under pressure compared to the broader market trends. The absence of specific positive or negative factors further complicates the analysis of the stock's recent movements, leaving the reasons for its fluctuations somewhat unclear.