Why is Rasi Electrodes falling/rising?

As of 10-Nov, Rasi Electrodes Ltd is currently priced at 17.35, reflecting a slight increase of 0.07 or 0.41%. The stock has shown a trend reversal, gaining after six consecutive days of decline. Despite this uptick, it is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Over the past week, the stock has decreased by 2.80%, while it has seen a modest increase of 1.23% over the past month. Year-to-date, the stock has significantly underperformed with a decline of 42.26%, contrasting with a 6.91% rise in the benchmark. The sector, Electrodes & Welding Equipment, has also faced challenges, falling by 3.87%. There is a noted increase in investor participation, with delivery volume rising by 3.73% against the 5-day average, indicating some renewed interest despite the overall negative trends.
In the broader market context, Rasi Electrodes' recent performance has outpaced the sector by 4.18% today, suggesting a temporary rebound amidst a generally declining environment. However, the stock's short-term performance remains weaker than the benchmark, which has only declined by 0.53% over the past week. This indicates that while Rasi Electrodes is experiencing a brief recovery, it is still struggling to maintain momentum compared to the overall market. The significant year-to-date and one-year declines highlight ongoing challenges for the company, despite the recent positive movement.