Why is SPL Industries falling/rising?

As of 31-Jul, SPL Industries Ltd is currently priced at 41.92, with no change in price (0.00%). The stock has shown a performance today that outperformed its sector by 2.35%, despite erratic trading patterns, as it did not trade on one day out of the last 20 days. The stock's moving averages indicate it is higher than the 5-day, 50-day, and 100-day averages but lower than the 20-day and 200-day averages. Over the past week, the stock has gained 2.00%, while it has experienced a decline of 7.85% over the past month. Year-to-date, the stock is down 30.03%, and over the past year, it has decreased by 37.00%. Notably, there has been a significant rise in investor participation, with delivery volume on July 30 increasing by 1036.63% compared to the 5-day average, suggesting renewed interest despite the overall negative trend.
Broader Market Context: In comparison to the benchmark, the Sensex has declined by 1.22% over the past week, indicating that SPL Industries' recent rise is a positive deviation from broader market trends. However, the stock has underperformed the benchmark over longer periods, with a year-to-date decline of 30.03% compared to the Sensex's gain of 3.90%. The textile sector, in which SPL operates, has also seen a downturn of 2.33%, reflecting broader challenges in the industry. Overall, while the stock has shown some short-term resilience and increased trading activity, its long-term performance remains significantly negative relative to both the benchmark and the sector.