Why is The Invest.Trust falling/rising?

As of 12-Aug, The Investment Trust of India Ltd is experiencing a price increase, currently at Rs 157.25, which reflects a rise of 4.05 or 2.64%. The stock has shown a trend reversal by gaining after two consecutive days of decline. It reached an intraday high of Rs 158.3, indicating positive momentum. However, despite today's performance, the stock has underperformed the benchmark Sensex over the past week with a decline of 0.94% compared to the Sensex's 0.59%. Over the past month, the stock has outperformed the benchmark, gaining 5.18% while the Sensex fell by 2.75%. Notably, the stock's delivery volume has decreased by 3.48% against the 5-day average, suggesting a decline in investor participation.
In the broader market context, the stock's recent performance contrasts with the benchmark's overall trend, particularly in the year-to-date comparison, where the stock is down 19.46% while the Sensex has gained 2.68%. This divergence highlights the stock's struggles despite today's positive movement. The liquidity of the stock remains adequate for trading, which may support its price stability. Overall, while there are signs of a short-term recovery, the long-term performance remains challenged compared to the broader market.