Why is Sun Retail falling/rising?

As of 09-Jul, Sun Retail Ltd's stock price is currently at 0.49, reflecting an increase of 0.01 or 2.08%. The stock has shown a trend reversal, gaining after five consecutive days of decline. Despite this recent uptick, the stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a generally bearish trend. Additionally, there has been a notable increase in investor participation, with delivery volume rising by 122.22% compared to the 5-day average. However, the stock has significantly underperformed in the longer term, with a year-to-date decline of 36.36% and a one-year drop of 59.17%.
In the broader market context, the Sensex has shown a modest gain of 1.32% over the past month, contrasting sharply with Sun Retail's decline of 15.52% in the same period. This suggests that while the overall market has been relatively stable, Sun Retail has struggled significantly. The stock's recent performance today, which outperformed its sector by 2.52%, may indicate a temporary rebound, but the long-term performance metrics highlight ongoing challenges for the company.