Why is Sri Nacha. Cott. falling/rising?

As of 31-Oct, Sri Nachammai Cotton Mills Ltd is currently priced at 33.20, reflecting an increase of 0.3, or 0.91%. The stock has shown a positive trend recently, gaining for the last two days with a total return of 5.73% during this period. However, it has underperformed in the longer term, with a year-to-date decline of 21.51% compared to the Sensex's gain of 7.42%. Additionally, the stock is trading below its moving averages across various time frames, indicating a potential weakness in momentum. There is also a notable decrease in investor participation, with delivery volume dropping by 85.65% against the five-day average, which may suggest a lack of confidence among investors.
In the broader market context, the stock's short-term performance has outpaced the sector by 1.96%, despite its overall negative returns over the past week and month. While the Sensex has shown a slight decline of 0.32% over the past week, Sri Nachammai Cotton Mills Ltd has experienced a more significant drop of 3.07%. This contrast highlights the stock's volatility and the challenges it faces in recovering from its longer-term downturns, particularly given its substantial losses over the past three years compared to the benchmark's gains.