Why is Tridhya Tech falling/rising?

As of 28-Aug, Tridhya Tech Ltd's stock price is currently at Rs. 17.30, reflecting a slight increase of 0.05 or 0.29%. The stock has recently hit a new 52-week low of Rs. 17 today, indicating a challenging performance. Over the past week, the stock has decreased by 1.70%, and it has seen a significant decline of 54.53% year-to-date. However, it has outperformed its sector by 2.03% today, and there has been a notable increase in investor participation, with delivery volume rising by 169.23% against the 5-day average. The stock is currently trading below all its moving averages, which suggests a bearish trend. There are no specific positive or negative factors available to further clarify the stock's recent movement.
In the broader market context, Tridhya Tech's short-term performance has been relatively better compared to the benchmark Sensex, which has declined by 2.32% over the past week. While the stock's year-to-date performance is significantly worse than the Sensex's gain of 3.62%, the recent uptick in price and increased trading volume may indicate a potential shift in investor sentiment, despite the overall negative trend. The liquidity of the stock remains adequate for trading, which could support future price movements.