Why is Tai Industries falling/rising?

As of 29-Oct, Tai Industries Ltd's stock price is currently at Rs 33.66, reflecting an increase of Rs 1.7, or 5.32%. The stock has shown a positive trend recently, gaining 9.82% over the last two days and outperforming its sector by 4.32% today. Despite this short-term gain, the stock has experienced a decline of 5.95% over the past month and a significant drop of 29.83% year-to-date. The stock's performance today included an intraday high of Rs 33.69, but it has been noted that investor participation has fallen sharply, with delivery volume dropping by 99.71% compared to the five-day average, indicating a potential concern regarding sustained interest in the stock.
Broader Market Context: In the short term, Tai Industries has outperformed the Sensex, which has only increased by 0.68% over the past week, while Tai Industries rose by 5.19%. However, looking at the longer-term performance, the stock has underperformed the benchmark significantly, with a year-to-date decline of 29.83% compared to the Sensex's gain of 8.78%. This contrast highlights the volatility and challenges faced by Tai Industries in maintaining investor confidence, especially given the declining delivery volumes and the stock's position relative to its moving averages.