Why is Sahaj Solar falling/rising?

As of 08-Aug, Sahaj Solar Ltd's stock price is currently at 239.05, reflecting an increase of 3.65, or 1.55%. Despite this positive movement today, the stock has been underperforming in the longer term, with a decline of 7.81% over the past month and a significant drop of 20.04% over the past year. Today's performance indicates that the stock has outperformed its sector by 1.97%. However, it is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, suggesting a bearish trend. Additionally, there has been a notable decrease in investor participation, with delivery volume falling by 35.05% compared to the 5-day average, indicating reduced interest in trading the stock.
In the broader market context, Sahaj Solar's recent performance contrasts with the benchmark Sensex, which has shown a decline of only 0.82% over the past week and a gain of 3.04% year-to-date. This underperformance relative to the benchmark highlights the challenges faced by Sahaj Solar, particularly given its negative returns over the past month and year. While the stock's current rise may provide a temporary respite, the overall trend and declining investor engagement suggest ongoing difficulties for the company in regaining investor confidence.