Why is Richa Industries falling/rising?

As of 30-Jun, Richa Industries Ltd's stock price is currently at 1.70, reflecting a decrease of 0.01, or 0.58%. The stock has shown a performance today that underperformed its sector by 1.42%. Despite this decline, the stock has been performing well over the past week with a return of 4.94%, and it has also increased by 1.80% over the past month. However, year-to-date, the stock is down 4.49%, contrasting with a strong annual return of 21.43%. The stock is currently trading above its 5-day, 20-day, 50-day, and 100-day moving averages, but below its 200-day moving average. Additionally, there has been a significant increase in investor participation, with delivery volume rising by 232.33% against the 5-day average, indicating growing interest in the stock.
In the broader market context, Richa Industries' short-term performance has outpaced the benchmark Sensex over the past week and month, where the Sensex returned 2.09% and 2.65%, respectively. However, the year-to-date performance of Richa Industries is notably weaker compared to the Sensex's gain of 7.00%. This divergence suggests that while the stock has had some recent positive momentum, it is still struggling to maintain a competitive position in the market overall. The absence of specific positive or negative factors in the dashboard limits the ability to pinpoint exact reasons for the stock's recent movements, but the overall liquidity and rising delivery volumes indicate a potential for recovery despite the current decline.