Why is Richa Industries falling/rising?

As of 12-Sep, Richa Industries Ltd's stock price is currently at 1.65, reflecting an increase of 0.02 or 1.23%. The stock has shown a positive trend recently, gaining for the last three days with a total return of 5.1% during this period. However, despite this recent uptick, the stock has underperformed over the longer term, with a year-to-date decline of 7.30% and a significant drop of 30.96% over the past year. Additionally, the stock's delivery volume has decreased by 32.46% compared to the five-day average, indicating falling investor participation, which could be a concern for future price movements.
Broader market context shows that Richa Industries has outperformed the sector by 1.81% today, while its one-week return of 6.45% significantly exceeds the Sensex's 1.48% gain. However, over the past month, the stock has declined by 1.20%, contrasting with the Sensex's increase of 2.08%. This suggests that while the stock is experiencing a short-term rally, it still faces challenges in maintaining momentum against broader market trends and benchmarks, particularly given its longer-term underperformance.