Why is Sun Retail falling/rising?

As of 15-Jul, Sun Retail Ltd's stock price is currently at 0.51, reflecting a rise of 0.02 or 4.08%. The stock has shown a performance today that outperformed its sector by 3.59%. However, it is important to note that while the stock has increased in the short term, it has experienced a significant decline over the longer term, with a year-to-date drop of 33.77% and a one-year decline of 53.21%. Additionally, the stock's delivery volume has fallen by 59.3% compared to the 5-day average, indicating a decrease in investor participation. The stock is currently trading higher than its 5-day moving average but lower than its 20-day, 50-day, 100-day, and 200-day moving averages, suggesting mixed signals regarding its momentum.
Broader market context shows that while Sun Retail has outperformed the Sensex by 6.25% over the past week, the benchmark itself has declined by 1.36%. This indicates that the stock's recent rise may be a short-term reaction against a backdrop of overall market weakness. The Sensex has shown a positive return of 5.67% year-to-date, contrasting sharply with Sun Retail's substantial losses. This divergence highlights the challenges faced by Sun Retail in the broader market, despite its recent uptick in price.