Why is Sulabh Engineers falling/rising?

As of 15-Sep, Sulabh Engineers & Services Ltd is currently priced at 3.41, reflecting a slight increase of 0.01 or 0.29%. The stock has shown a trend reversal by gaining after two consecutive days of decline. However, it remains below the 20-day, 50-day, 100-day, and 200-day moving averages, indicating a longer-term bearish trend. The stock's performance over the past week and month has been relatively flat, with a return of +0.89% in both periods, while year-to-date and one-year returns are significantly negative at -31.25% and -39.11%, respectively. Additionally, there has been a notable decrease in investor participation, with delivery volume dropping by 35.83% compared to the five-day average, which may contribute to the stock's subdued performance.
In the broader market context, the Sensex has outperformed Sulabh Engineers in the short term, with a return of +1.24% over the past week and +1.47% over the past month. This suggests that while the stock has managed to gain slightly, it is lagging behind the benchmark index, which could be affecting investor sentiment. The liquidity of the stock appears adequate for trading, but the falling delivery volume indicates a potential lack of confidence among investors, which may further pressure the stock price in the near term. Overall, the combination of a recent trend reversal and declining investor participation amidst a stronger market backdrop contributes to the stock's current price movement.