Why is Signpost India falling/rising?

As of 07-Aug, Signpost India Ltd's stock price is currently at 217.95, reflecting an increase of 5.55, or 2.61%. The stock has shown a trend reversal today after three consecutive days of decline, opening with a gain of 2% and reaching an intraday high of Rs 223.3. Despite this positive movement, the stock has underperformed over the past week and month, with returns of -6.60% and -4.41%, respectively. Year-to-date, the stock has significantly declined by 41.08%, contrasting with the Sensex's gain of 3.18%. The rising investor participation, indicated by a 13.58% increase in delivery volume, suggests a growing interest in the stock, which may be contributing to its recent price increase.
In the broader market context, while Signpost India has outperformed its sector by 3.61% today, its short-term performance remains weak compared to the benchmark Sensex, which has only declined by 0.69% over the past week. The stock's liquidity appears adequate for trading, as it is based on 2% of the five-day average traded value. However, it remains below several moving averages, indicating potential challenges ahead. Overall, the stock's recent rise can be attributed to a combination of a trend reversal and increased trading activity, despite its overall poor performance in the longer term compared to the benchmark.