Why is Retina Paints falling/rising?

As of 14-Jul, Retina Paints Ltd is experiencing a price increase, currently at Rs 60.49, reflecting a rise of Rs 2.14 or 3.67%. The stock has shown a positive trend today, gaining after five consecutive days of decline and opening with a gain of 2.66%. It reached an intraday high of Rs 60.49, although it also touched a low of Rs 57 during the day. Despite this upward movement, the stock has a year-to-date decline of 17.53% and a one-year decline of 22.70%, indicating a challenging performance over a longer period. Additionally, there has been a notable decrease in investor participation, with delivery volume falling by 54.55% against the five-day average, which may suggest a lack of confidence among investors.
In the broader market context, Retina Paints has outperformed the sector by 5.3% today, while the benchmark Sensex has declined by 1.42% over the past week. This short-term outperformance contrasts with the stock's longer-term performance, as it has underperformed the Sensex significantly over the past year. The stock's moving averages indicate that it is currently above the shorter-term averages but below the 200-day moving average, suggesting mixed signals regarding its trend. Overall, while the stock is rising today, its long-term performance remains concerning, and the drop in investor participation could pose challenges for sustained growth.