Why is Tanvi Foods falling/rising?

As of 28-Aug, Tanvi Foods (India) Ltd is experiencing a price increase, currently at Rs 81.90, which reflects a rise of Rs 1.89 or 2.36%. The stock has shown a trend reversal after eight consecutive days of decline, opening with a gain of 2.35% today and reaching an intraday high of Rs 81.90. Despite this positive movement, the stock is still trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Over the past week, the stock has declined by 9.20%, and year-to-date, it has fallen significantly by 48.49%. However, there has been a notable increase in investor participation, with delivery volume rising by 108.33% compared to the 5-day average, indicating renewed interest in the stock.
In the broader market context, Tanvi Foods' recent performance contrasts sharply with the benchmark Sensex, which has only declined by 2.34% over the past week. This suggests that while the stock has been underperforming in the longer term, its recent uptick may be a reaction to market conditions or investor sentiment rather than a fundamental recovery. The stock's performance over the last month shows a decline of 8.29%, compared to a 1.00% drop in the Sensex, further highlighting the stock's volatility and the challenges it faces in regaining investor confidence.