Why is Simplex Realty falling/rising?

As of 05-Aug, Simplex Realty Ltd's stock price is currently at Rs 174.60, reflecting an increase of Rs 8.25, or 4.96%. The stock has shown a positive performance today, having outperformed its sector by 5.54% and marking a trend reversal after two consecutive days of decline. It opened with a gain of 4.96% and reached an intraday high of Rs 174.60. However, despite this upward movement, the stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a longer-term bearish trend. Additionally, there has been a significant drop in investor participation, with delivery volume decreasing by 70.34% compared to the 5-day average, which may suggest a lack of sustained interest from investors.
In the broader market context, Simplex Realty's performance over the past week shows a decline of 4.30%, while the Sensex has only fallen by 0.77%, indicating that the stock has underperformed relative to the benchmark in the short term. Over the past month, the stock has decreased by 9.81%, compared to a 3.26% decline in the Sensex, further highlighting its relative weakness. However, on a yearly basis, the stock has outperformed the benchmark with a return of 9.12% compared to the Sensex's 2.48%. This suggests that while the stock is experiencing a short-term rebound, its longer-term performance has been more favorable compared to the broader market.