Why is Raj Television falling/rising?

As of 16-Sep, Raj Television Network Ltd's stock price is currently at 42.78, reflecting an increase of 0.68, or 1.62%. The stock has shown a positive performance recently, gaining for the last two days and achieving a total return of 4.32% during this period. Additionally, over the past week, the stock has outperformed its sector by 1.2%. However, it is important to note that the stock's delivery volume has decreased significantly, falling by 63.81% compared to the 5-day average, indicating a decline in investor participation. Year-to-date, the stock is down 46.52%, while it has experienced a 17.48% decline over the past year.
In the broader market context, the stock's short-term performance over the past week shows a return of 0.66%, which is slightly lower than the Sensex's return of 1.58%. Over the past month, Raj Television has outperformed the benchmark, with a return of 2.64% compared to the Sensex's 2.21%. Despite these short-term gains, the stock has underperformed significantly over longer periods, particularly in the year-to-date and three-year comparisons, where it lags behind the Sensex. This combination of recent positive movement, declining investor participation, and long-term underperformance contributes to a complex picture of the stock's current trajectory.