Why is Pace E-Commerce falling/rising?

As of 22-Sep, Pace E-Commerce Ventures Ltd is experiencing a slight rise in its stock price, currently at 23.25, with a change of 0.01 or 0.04% upwards. The stock has shown a performance today that outperformed its sector by 2.1%, indicating a positive movement after two consecutive days of decline. However, the stock's longer-term performance remains concerning, with a year-to-date decline of 31.01% compared to a 5.15% increase in the benchmark Sensex. Additionally, the stock is currently trading higher than its 50-day moving average but lower than its 5-day, 20-day, 100-day, and 200-day moving averages. Notably, there has been a significant drop in investor participation, with delivery volume falling by 87.31% against the 5-day average, which could indicate waning interest among investors.
In the broader market context, the stock's short-term return over the past week is +0.13%, which is lower than the benchmark Sensex's return of +0.46%. This suggests that while the stock has shown some resilience today, it is still lagging behind the overall market performance. The retailing sector, in which Pace operates, has also seen a decline of 2.06%, further complicating the stock's recovery. Overall, despite today's slight uptick, the stock's significant year-to-date decline and reduced investor participation highlight ongoing challenges that may continue to affect its performance in the near term.