Why is Srigee DLM falling/rising?

As of 19-Sep, Srigee DLM Ltd's stock price is currently at Rs. 158.00, reflecting an increase of Rs. 10.0 or 6.76%. The stock has shown a trend reversal today after three consecutive days of decline, outperforming its sector by 7.41%. However, it also hit a new 52-week low of Rs. 143 earlier in the day. The stock has been highly volatile, with an intraday volatility of 6.23%, and has traded in a wide range of Rs. 19. Despite today's gain, the stock has underperformed in the longer term, with a 1-month return of -31.60%. Additionally, the stock is trading below all its moving averages, indicating a bearish trend, and there has been a notable decrease in investor participation, with delivery volume falling by 27.33% against the 5-day average.
Broader market context shows that while Srigee DLM's stock has risen today, its 1-week return is -5.11%, contrasting with the Sensex, which has gained 0.88% over the same period. This suggests that the stock's recent rise may be more of a corrective bounce rather than a sustained recovery, especially given its significant underperformance over the past month compared to the benchmark's modest gain of 1.20%. The overall market sentiment appears to be more favorable than that of Srigee DLM, indicating that the stock's rise may not be indicative of a broader trend in the market.