Why is Sylph Techno falling/rising?

As of 03-Nov, Sylph Technologies Ltd is experiencing a price increase, currently at 0.80, which reflects a change of 0.03 or 3.9% upward. The stock has shown positive momentum, gaining for the last two days with a total return of 6.67% during this period. Additionally, it has outperformed its sector by 4.29%. In terms of returns compared to benchmarks, the stock has seen a 5.26% increase over the past month, while the Sensex has risen by 3.41%. However, it is important to note that the stock is still down 26.47% year-to-date and 17.64% over the past year. The stock's delivery volume has also increased by 4.62% against the 5-day average, indicating rising investor participation, which is a positive factor for its recent price movement.
Broader Market Context: In the short term, Sylph Technologies Ltd's performance has been favorable compared to the Sensex, particularly over the last month, where it has outperformed the benchmark. While the Sensex has declined by 0.94% over the past week, Sylph Technologies has remained flat, indicating resilience in a challenging market environment. Despite the stock's long-term struggles, with significant declines over the past three and five years, its recent gains suggest a potential shift in investor sentiment, supported by increased trading activity and liquidity.