Why is Srigee DLM falling/rising?

As of 15-Sep, Srigee DLM Ltd's stock price is currently at Rs 167.80, reflecting an increase of 1.3 (0.78%). The stock has shown a positive trend recently, gaining for the last three days with a total return of 6.27% during this period. It opened today with a gap up of 3.18% and reached an intraday high of Rs 171.8. However, the stock has underperformed over the past week and month, with declines of 4.06% and 35.82%, respectively. Additionally, there has been a notable decrease in investor participation, with delivery volume dropping by 43.91% against the 5-day average, indicating a potential concern regarding sustained interest in the stock.
Broader Market Context: In comparison to the benchmark Sensex, which has gained 1.24% over the past week and 1.47% over the past month, Srigee DLM's recent performance highlights a significant underperformance in the longer term. While the stock has outperformed its sector by 1.28% today, the broader market context suggests that the stock's volatility and declining investor participation may hinder its recovery. The stock's moving averages indicate it is currently higher than the 5-day moving average but lower than the longer-term averages, suggesting mixed signals about its future trajectory amidst a generally positive market environment.