Why is Salona Cotspin falling/rising?

As of 07-Nov, Salona Cotspin Ltd. is experiencing a price increase, with its current price at Rs 268.60, reflecting a rise of Rs 7.55 or 2.89%. The stock has shown a positive trend recently, gaining for the last three days and achieving a total return of 6.48% during this period. Additionally, it outperformed its sector by 2.24% today and opened with a gain of 2.89%. However, it is important to note that the stock has seen a decline of 7.38% over the past week and a year-to-date decrease of 2.96%. The stock's trading activity has been erratic, with a significant drop in delivery volume of 56.8% compared to the five-day average, indicating falling investor participation.
In the broader market context, Salona Cotspin's recent performance contrasts with the benchmark Sensex, which has seen a slight decline of 0.86% over the past week, while the stock has outperformed it. Over the past month, Salona Cotspin has gained 6.10%, compared to the Sensex's 1.57% increase, suggesting that the stock is performing relatively well in the short term despite its longer-term challenges. The stock's performance over the last year shows a decline of 12.21%, while the Sensex has risen by 4.62%, highlighting the stock's underperformance in the longer term.