Why is Seya Industries falling/rising?

As of 24-Sep, Seya Industries Ltd is currently priced at 16.70, reflecting an increase of 0.47 or 2.9%. The stock has shown a trend reversal by gaining after three consecutive days of decline, outperforming its sector by 3.39%. However, it is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a generally weak performance. Additionally, investor participation has decreased significantly, with delivery volume falling by 42.5% compared to the 5-day average. The stock has experienced substantial declines over longer periods, with a year-to-date drop of 22.33% and a 1-year decline of 34.71%, suggesting ongoing challenges despite today's uptick.
In the broader market context, Seya Industries' short-term performance of +0.48% over the past week contrasts with the Sensex, which has declined by 1.18% during the same period. This indicates that while the stock is experiencing a slight recovery, it has underperformed significantly over longer time frames compared to the benchmark, with a 1-month return of -11.41% against the Sensex's +0.50%. Overall, the stock's recent rise may be seen as a temporary rebound amidst a backdrop of persistent underperformance and declining investor interest.