Why is Objectone Inform falling/rising?

As of 27-Oct, Objectone Information Systems Ltd is experiencing a price increase, currently at 8.50, which reflects a change of 0.49 or 6.12% upward. Despite this positive movement today, the stock has shown a significant decline over the past week, down 10.53%, and a year-to-date drop of 19.05%. The stock has gained today after three consecutive days of decline, indicating a potential trend reversal. However, it is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, suggesting ongoing weakness. Additionally, there has been a notable decrease in investor participation, with delivery volume falling by 32.43% against the 5-day average, which may indicate reduced confidence among investors.
In the broader market context, while Objectone's stock has outperformed its sector by 5.71% today, its recent performance has been significantly weaker compared to the Sensex, which has increased by 0.49% over the past week. The stark contrast in returns, with Objectone down 10.53% versus the benchmark's slight gain, highlights the stock's struggles in the current market environment. Over the longer term, Objectone's performance has also lagged, with a year-over-year decline of 21.30% compared to the Sensex's increase of 6.77%. This underperformance relative to the benchmark may contribute to the cautious sentiment surrounding the stock, despite today's positive movement.