Why is Phyto Chem (I) falling/rising?

As of 29-Oct, Phyto Chem (India) Ltd is experiencing a price increase, currently at Rs 27.90, reflecting a rise of Rs 1.44 or 5.44%. The stock has been gaining for the last two days, with a total return of 8.56% during this period. It has outperformed its sector by 4.87%. However, despite this recent positive movement, the stock has a year-to-date decline of 19.01% and a one-year decline of 24.59%. The stock is trading higher than its 5-day, 20-day, and 50-day moving averages, but lower than its 100-day and 200-day moving averages. Notably, there has been a significant drop in investor participation, with delivery volume falling by 91.44% against the 5-day average, indicating a potential concern regarding sustained interest in the stock.
In the broader market context, Phyto Chem's short-term performance has been notably stronger than the benchmark Sensex, which has only increased by 0.68% over the past week, while Phyto Chem has risen by 9.24%. This suggests that the stock is gaining traction relative to the overall market. However, the year-to-date and one-year performance still lags behind the Sensex, which has gained 8.78% and 5.76%, respectively. The liquidity of the stock remains adequate for trading, but the falling delivery volume could signal caution among investors, potentially impacting future price movements.