Why is Prag Bosimi Syn. falling/rising?

As of 19-Nov, Prag Bosimi Synthetics Ltd is experiencing a price increase, with its current price at 2.08, reflecting a change of 0.03 or 1.46% upward. The stock has shown a positive performance today, outperforming its sector by 1.61% and has been on a consecutive gain for the last two days, accumulating a total return of 6.12% during this period. In terms of returns compared to the benchmark, the stock has increased by 2.46% over the past week, while the Sensex has only risen by 0.85%. However, it is important to note that the stock's year-to-date performance remains significantly negative at -29.73%, indicating a long-term decline despite recent gains. Additionally, there is a decrease in investor participation, as the delivery volume has fallen by 25.55% against the 5-day average, which could suggest a lack of confidence among investors.
Broader Market Context: In the short term, Prag Bosimi Synthetics Ltd has outperformed the Sensex, which indicates a relative strength in its recent price movements compared to the broader market. While the stock has shown positive momentum recently, its year-to-date and one-year returns are still substantially lower than those of the Sensex, which has gained 9.02% and 9.81% respectively. This contrast highlights the challenges the company faces in regaining investor confidence and aligning its performance with broader market trends. The liquidity of the stock remains adequate for trading, but the declining delivery volume may pose concerns for sustained upward movement in the stock price.