Why is Sonal Mercantile falling/rising?

As of 08-Aug, Sonal Mercantile Ltd's stock price is currently at 96.15, reflecting an increase of 0.95, or 1.0%. The stock has shown a trend reversal by gaining after three consecutive days of decline, although it is still trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Despite today's positive movement, the stock has underperformed over the past week and month, with declines of 1.45% and 4.80%, respectively. Additionally, there has been a significant drop in investor participation, with delivery volume falling by 51.55% compared to the 5-day average, indicating reduced interest in trading the stock.
In the broader market context, Sonal Mercantile's recent performance contrasts with the Sensex, which has seen a smaller decline of 0.92% over the past week. Year-to-date, the stock has fallen by 17.47%, while the Sensex has gained 2.20%, highlighting a significant underperformance relative to the benchmark. This disparity suggests that while the stock has experienced a brief uptick today, its overall trend remains negative compared to the broader market, reflecting ongoing challenges for the company.