Why is Rishiroop falling/rising?

As of 14-Aug, Rishiroop Ltd's stock price is currently at Rs 133.75, reflecting an increase of Rs 3.65 or 2.81%. The stock has shown a positive performance today, outperforming its sector by 3.49% and opening with a gain of 4.53%. It reached an intraday high of Rs 136. However, despite this upward movement, there are concerns regarding falling investor participation, as the delivery volume has decreased significantly by 78.92% compared to the 5-day average. Additionally, while the stock is trading above its 5-day, 20-day, 50-day, and 100-day moving averages, it remains below its 200-day moving average. The stock's year-to-date performance shows a decline of 40.60%, although it has gained 6.24% over the past week.
In the broader market context, Rishiroop's recent short-term return of 6.24% over the past week stands in stark contrast to the Sensex, which has remained nearly flat at -0.03%. This indicates that Rishiroop is currently performing better than the overall market. However, the stock's year-to-date decline of 40.60% significantly underperforms the Sensex's gain of 3.15%, suggesting that while there may be short-term recovery, the long-term outlook remains challenging. The mixed signals from the stock's performance and the broader market context highlight the volatility and uncertainty surrounding Rishiroop Ltd.