Why is Raghuvir Synth falling/rising?

As of 04-Nov, Raghuvir Synthetics Ltd's stock price is currently at Rs 115.50, reflecting an increase of Rs 2.05 or 1.81%. The stock has been gaining for the last two days, with a total return of 3.73% during this period. Despite this recent uptick, the stock has shown a year-to-date decline of 28.44% and a 1-month decrease of 4.62%. Today's trading saw the stock reach an intraday high of Rs 115.9, although it also experienced a low of Rs 111.15. Notably, the delivery volume has significantly decreased by 94.15% compared to the 5-day average, indicating a decline in investor participation, which could be a concern for future price stability.
Broader Market Context: In the short term, Raghuvir Synthetics has outperformed the Sensex by 2.89% today, contrasting with the benchmark's 1-week decline of 1.38%. However, over a longer timeframe, the stock's performance has lagged behind the Sensex, with a 1-year return of -6.02% compared to the benchmark's 5.94% gain. This disparity highlights the challenges the company faces in maintaining investor interest and confidence, particularly given the falling delivery volumes and its underperformance over the year and beyond.