Why is Polyplex Corpn falling/rising?

As of 29-Jul, Polyplex Corporation Ltd's stock price is currently at 1,125.00, reflecting an increase of 11.0 (0.99%). Despite this uptick, the stock has shown a decline of 0.18% over the past week and a more significant drop of 8.03% over the past month. The stock touched an intraday low of Rs 1090, indicating volatility, and is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. However, there has been a rise in investor participation, with delivery volume increasing by 28.66% against the 5-day average. The company maintains a low debt-to-equity ratio, which is generally favorable, but the majority of shareholders are non-institutional, which may influence stock stability.
In the broader market context, Polyplex's performance contrasts with the Sensex, which has declined by 1.03% over the past week, suggesting that the stock's recent rise is somewhat aligned with market trends despite its longer-term struggles. Year-to-date, Polyplex has underperformed significantly, down 13.27%, while the Sensex has gained 4.09%. This disparity highlights the challenges faced by Polyplex in the current market environment, particularly over the longer term, where it has seen a 51.71% decline over three years compared to the Sensex's 41.28% gain.