Why is Ramgopal Polytex falling/rising?

As of 17-Nov, Ramgopal Polytex Ltd is currently priced at 6.15, reflecting a rise of 0.02 (0.33%). The stock has been gaining for the last two days, with a total increase of 4.77% during this period. It has outperformed its sector by 0.28% today and is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. However, there has been a notable decline in investor participation, with delivery volume falling by 46.53% compared to the 5-day average. The stock has shown strong performance over the past week and month, with returns of 5.13% and 14.53%, respectively, although it has underperformed over the longer term, such as in the 3-year period where it declined by 7.93%.
In the broader market context, while Ramgopal Polytex has shown strong short-term returns, it has outperformed the Sensex, which increased by 1.69% over the past week and 1.19% over the past month. Despite the stock's recent gains, the overall market sentiment may still be cautious due to the significant drop in delivery volumes, indicating potential concerns among investors. The stock's year-to-date performance of 6.96% is lower than the Sensex's 8.72%, suggesting that while the stock is currently rising, it faces challenges in maintaining momentum in the face of broader market trends.