Why is Swadeshi Polytex falling/rising?

As of 08-Jul, Swadeshi Polytex Ltd's stock price is currently at 64.32, reflecting an increase of 1.08 or 1.71%. The stock has experienced a trend reversal today, gaining after four consecutive days of decline. Despite opening down by 5%, it reached an intraday high of Rs 66.4, indicating some recovery within a wide trading range of Rs 6.32. However, the stock remains below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, suggesting a bearish trend overall. Additionally, investor participation has decreased significantly, with delivery volume falling by 47.18% compared to the 5-day average, which may indicate waning interest among investors.
In the broader market context, Swadeshi Polytex's short-term performance has been notably poor, with a 1-week return of -9.02%, contrasting sharply with the Sensex's slight gain of 0.02% during the same period. This underperformance is further highlighted by its year-to-date decline of 30.22%, while the Sensex has risen by 7.13%. The stock's volatility today, with an intraday fluctuation of 5%, reflects the uncertainty surrounding its price movements, compounded by the lack of available positive or negative factors that could provide further context for its recent performance.