Why is Swadeshi Polytex falling/rising?

As of 30-Jul, Swadeshi Polytex Ltd is experiencing a price increase, with its current price at Rs 65.40, reflecting a rise of Rs 2.04 or 3.22%. The stock has shown positive momentum, gaining for the last two days and achieving a total return of 3.81% during this period. Today, it reached an intraday high of Rs 66.49, although it also saw a low of Rs 61. Despite this upward movement, the stock's performance over the longer term has been concerning, with a year-to-date decline of 29.05% and a staggering 50.44% drop over the past year. Additionally, there has been a significant decrease in investor participation, with delivery volume falling by 75.28% compared to the five-day average, which may indicate waning interest among investors.
Broader Market Context: In the context of the broader market, Swadeshi Polytex has outperformed the Sensex by 3.23% today, despite the benchmark index experiencing a decline of 1.50% over the past week. This short-term outperformance contrasts sharply with the stock's longer-term performance, where it has underperformed the Sensex by 29.05% year-to-date and 50.44% over the past year. The stock's liquidity appears adequate for trading, but the falling delivery volume suggests that while the stock may be gaining in the short term, there are underlying concerns that could affect its sustainability in the market.