Why is Senco Gold falling/rising?

As of 01-Aug, Senco Gold Ltd's stock price is currently at 314.20, reflecting an increase of 1.2 or 0.38%. The stock has shown a positive trend recently, gaining for the last two days with a total return of 2.15%. However, it is important to note that Senco Gold has underperformed in the short term, with a 1-week return of -7.56% and a 1-month return of -7.90%. Despite the recent gains, the stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a general downward trend. Additionally, there has been a significant decline in investor participation, with delivery volume dropping by 38.07% compared to the 5-day average. On a positive note, the company has reported healthy long-term growth, with net sales increasing at an annual rate of 21.00% and operating profit rising by 109.83%, which may support the stock's recent upward movement.
In the broader market context, Senco Gold's performance has been relatively weak compared to the benchmark Sensex, which has seen a decline of only 1.06% over the past week. This stark contrast highlights the stock's struggles, particularly as it has generated a year-to-date return of -41.60%, while the Sensex has gained 3.15% during the same period. The stock's valuation appears attractive, trading at a discount compared to its peers, but the significant drop in profits over the past year, alongside the recent negative returns, suggests that investor sentiment may still be cautious. Overall, while there are some positive indicators for Senco Gold, the broader market performance and recent declines in investor activity contribute to a complex picture regarding its stock price movements.