Why is Pioneer Invest falling/rising?

As of 18-Sep, Pioneer Investcorp Ltd's stock price is currently at Rs 71.82, reflecting an increase of Rs 1.74, or 2.48%. The stock has shown a trend reversal, gaining after three consecutive days of decline. Today, it outperformed its sector by 2.15% and reached an intraday high of Rs 72.88, indicating positive momentum. However, the stock's recent performance has been mixed, with a 1-week return of -0.92% and a 1-month return of -3.71%. Additionally, there has been a notable decline in investor participation, with delivery volume dropping by 74.05% compared to the 5-day average, which may indicate reduced confidence among investors.
Broader market context shows that while Pioneer Investcorp has experienced a decline in the short term, the benchmark Sensex has gained 1.80% over the past week. This underperformance relative to the benchmark highlights the challenges faced by the stock in the current market environment. Despite the recent uptick in price, the stock's year-to-date performance remains significantly negative at -15.51%, contrasting sharply with the Sensex's positive return of 6.24% in the same period. Overall, while today's price movement is upward, the broader context suggests ongoing challenges for Pioneer Investcorp in regaining investor confidence.