Why is Somany Ceramics falling/rising?

As of 08-Aug, Somany Ceramics Ltd is currently priced at 524.95, reflecting an increase of 9.45 or 1.83%. The stock has shown a trend reversal today, gaining after two consecutive days of decline. Despite opening with a loss of 2.04%, it reached an intraday high of Rs 534.5, indicating some recovery. However, the stock's performance over the past week is down by 0.43%, and it has significantly underperformed over the past month and year, with declines of 10.08% and 26.06%, respectively. Notably, the delivery volume has decreased by 59.22% compared to the five-day average, suggesting falling investor participation, which may be impacting the stock's recent movement.
In the broader market context, the Sensex has also experienced a decline, falling by 0.92% over the past week. While Somany Ceramics has outperformed its sector today, the stock's year-to-date performance is notably poor at -17.59%, contrasting sharply with the Sensex's gain of 2.20%. This indicates that while there may be short-term recovery, the overall trend for Somany Ceramics remains negative compared to the broader market, reflecting ongoing challenges despite today's uptick in price.