Why is Trinity League falling/rising?

As of 04-Aug, Trinity League India Ltd's stock price is currently at 9.90, reflecting an increase of 0.88, or 9.76%. The stock has shown a positive trend today, outperforming its sector by 9.42% and reversing a two-day decline. Notably, the stock's delivery volume has surged by 2845.27% compared to the 5-day average, indicating rising investor participation. However, despite today's gains, the stock has experienced a significant decline over the year, with a year-to-date drop of 29.24% and a one-year decrease of 38.09%. The stock is currently trading above its 5-day moving average but below its longer-term moving averages, suggesting mixed momentum.
In the broader market context, Trinity League's short-term performance over the past week shows a gain of 7.49%, significantly outpacing the Sensex, which has only increased by 0.16%. This indicates that while the stock is experiencing a rebound in the short term, it has struggled over longer periods, particularly in the last month and year. The stock's year-to-date performance contrasts sharply with the Sensex's positive return of 3.69%, highlighting the challenges faced by Trinity League in the broader market environment.