Why is Softrak Venture falling/rising?

As of 02-Jul, Softrak Venture Investment Ltd is currently priced at 1.91, reflecting an increase of 0.03 or 1.6%. The stock has shown a trend reversal, gaining after 17 consecutive days of decline. Despite this recent uptick, it is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a generally bearish trend. The stock has underperformed the benchmark Sensex over the past week, month, and year-to-date, with returns of -4.98%, -10.75%, and -40.61% respectively. However, it has outperformed its sector today by 2.83%, and there has been a notable increase in investor participation, with delivery volume rising by 110.75% compared to the 5-day average.
In the broader market context, the Sensex has shown positive returns of +0.79% over the past week and +2.50% over the past month, contrasting sharply with Softrak's negative performance during the same periods. While the stock has seen a recent rise, its long-term performance remains concerning, with a year-to-date decline of over 40%. The lack of available positive or negative factors in the dashboard limits a deeper analysis of the underlying reasons for the stock's movements. Overall, while there is a short-term gain, the broader context indicates ongoing challenges for Softrak Venture in the market.