Why is Rasi Electrodes falling/rising?

As of 23-Oct, Rasi Electrodes Ltd is experiencing a price increase, currently at 17.90, with a change of 0.37, representing a 2.11% rise. The stock has shown a positive performance today, outperforming its sector by 2.39%, and has gained consecutively over the last two days, resulting in a total return of 3.95% during this period. However, despite this recent uptick, the stock has had a challenging year, with a year-to-date decline of 40.43% and a one-year drop of 47.34%. Additionally, the stock's delivery volume has decreased significantly, falling by 61.87% against the five-day average, indicating a reduction in investor participation, which could be a concern for future price stability.
In the broader market context, Rasi Electrodes' short-term return of 4.80% over the past week significantly outpaces the Sensex, which has only increased by 1.30% during the same period. However, the stock's longer-term performance remains weak compared to the benchmark, as it has underperformed over one month, year-to-date, and one year. The liquidity of the stock appears adequate for trading, as it is based on 2% of the five-day average traded value, but the declining investor participation may hinder sustained upward momentum. Overall, while the recent gains are positive, the stock's long-term performance and reduced trading activity present challenges that could impact future price movements.