Why is Trinity League falling/rising?

As of 31-Oct, Trinity League India Ltd is experiencing a price increase, currently at 13.17, which reflects a rise of 0.62 or 4.94%. The stock has shown strong performance recently, gaining 9.75% over the last two days and outperforming its sector by 5.39% today. Additionally, it has outperformed the benchmark Sensex over the past week with a return of 7.16% compared to the Sensex's decline of 0.32%. However, there is a notable decline in investor participation, as the delivery volume has fallen by 60.14% against the 5-day average, which may indicate some caution among investors despite the recent price gains.
Broader Market Context: In the context of the broader market, while Trinity League has shown positive short-term returns, it has underperformed the Sensex on a year-to-date basis, with a decline of 5.86% compared to the benchmark's increase of 7.42%. This suggests that while the stock is currently rising, it has struggled over a longer time frame, particularly over the past year and three years, where it has seen significant declines. The overall market sentiment may still be cautious, as indicated by the falling investor participation, despite the stock's recent upward movement.