Why is R&B Denims falling/rising?

As of 23-Jun, R&B Denims Ltd is experiencing a slight increase in its stock price, currently at 90.01, with a change of 0.11 (0.12%) upwards. The stock has shown a positive trend over the last two days, gaining 1.71% during this period. However, it has underperformed its sector by 0.41%. In terms of longer-term performance, the stock has increased by 5.89% year-to-date and has a remarkable 40.82% rise over the past year, although it has lagged behind the benchmark Sensex in the one-month period with a decline of 0.43%. Notably, there has been a significant rise in investor participation, with delivery volume increasing by 1290.96% compared to the five-day average, indicating heightened interest in the stock.
In the broader market context, R&B Denims' short-term performance of +0.16% over the past week slightly outpaces the Sensex, which has gained +0.12% during the same period. Despite this, the stock's one-month decline contrasts with the Sensex's positive return of +0.22%, suggesting that while the stock has shown resilience in the short term, it faces challenges in maintaining momentum against the broader market. The stock's liquidity remains adequate for trading, which may support its price stability moving forward.