Why is Transcorp Intl. falling/rising?

As of 16-Sep, Transcorp International Ltd's stock price is currently at 23.99, reflecting a decrease of 0.49, or 2.0%. The stock has recently underperformed its sector by 1.75% and has experienced a trend reversal, falling after three consecutive days of gains. Despite a rise in investor participation, indicated by a 51.13% increase in delivery volume on 15 September, the stock remains below its 50-day, 100-day, and 200-day moving averages, suggesting a bearish sentiment. Over the past year, the stock has significantly underperformed, with a decline of 33.88%, while it has shown a modest gain of 3.72% over the past month.
In the broader market context, Transcorp's short-term performance of +2.39% over the past week outpaces the Sensex's gain of +1.58%, indicating some relative strength. However, the stock's year-to-date performance of -23.84% starkly contrasts with the Sensex's positive return of +5.43%, highlighting ongoing challenges for Transcorp in the current market environment. Overall, while there are signs of increased trading activity, the stock's recent decline and underperformance against both its sector and the broader market suggest that investor sentiment remains cautious.