Why is Sparc Electrex falling/rising?

As of 11-Nov, Sparc Electrex Ltd is experiencing a price increase, with its current price at 6.55, reflecting a change of 0.29 or 4.63% upward. The stock has shown a positive performance today, outperforming its sector by 4.15% and has been gaining for the last two days, accumulating a total return of 7.2% during this period. However, despite this recent uptick, the stock has had a challenging year, with a year-to-date decline of 53.87% and a one-year drop of 49.11%. Additionally, the stock's delivery volume has decreased significantly, falling by 59.32% against the 5-day average, indicating a potential decline in investor participation.
In the broader market context, the stock's short-term return of +0.15% over the past week is lower than the benchmark Sensex, which has increased by 0.49% during the same period. This suggests that while Sparc Electrex is currently experiencing a rise, it is not keeping pace with the overall market performance. The stock's moving averages indicate that it is performing better than the 5-day, 20-day, 50-day, and 100-day averages but remains below the 200-day average, reflecting mixed signals about its long-term trend. Overall, the recent gains may be a response to short-term trading dynamics rather than a fundamental turnaround, given the significant declines observed over longer periods.