Why is Odigma Consultan falling/rising?

As of 10-Nov, Odigma Consultancy Solutions Ltd is currently priced at 37.79, reflecting an increase of 0.37 or 0.99%. The stock has shown a trend reversal by gaining after four consecutive days of decline. However, it is still trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a generally bearish trend. Additionally, the stock has underperformed the market over the past week and month, with returns of -2.80% and -6.88%, respectively, compared to the Sensex's -0.53% and +1.25%. There is also a noted decrease in investor participation, as evidenced by a 3.07% drop in delivery volume against the 5-day average, which may contribute to the stock's recent price movements.
Broader Market Context: In the context of the broader market, Odigma's recent performance contrasts sharply with the Sensex, which has shown positive returns over the same periods. While the Sensex has gained 6.91% year-to-date, Odigma has seen a significant decline of 45.00%. This disparity highlights the challenges faced by Odigma in attracting investor interest, especially given its liquidity status, which is adequate for trading but may not be sufficient to drive substantial price recovery. Overall, the combination of recent price gains against a backdrop of longer-term underperformance and declining investor engagement suggests a cautious outlook for Odigma Consultancy Solutions Ltd.