Why is Sutlej Textiles falling/rising?

As of 23-Jun, Sutlej Textiles and Industries Ltd is experiencing a slight increase in its stock price, currently at 39.40, reflecting a change of 0.16 or 0.41% upward. 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 240.9% against the 5-day average, which may suggest renewed interest in the stock. However, the stock has underperformed significantly over various periods, with a year-to-date decline of 41.15% compared to a 4.81% increase in the Sensex.
In the broader market context, Sutlej Textiles' short-term performance has been negative, with a 1-week return of -6.41%, while the Sensex has seen a slight increase of 0.12% during the same period. This underperformance relative to the benchmark highlights the challenges the company faces in attracting investor confidence despite the recent price increase. The overall market sentiment appears to be more favorable, as indicated by the Sensex's positive returns over the last month and year, contrasting with Sutlej Textiles' significant declines.