Why is Triveni Glass falling/rising?

As of 29-Oct, Triveni Glass Ltd is experiencing a price increase, with its current price at 13.30, reflecting a change of 0.52, or 4.07% upward. The stock has outperformed its sector today by 2.93%. However, despite this positive movement, the stock's performance over the past month shows a decline of 0.67%, while it has significantly underperformed year-to-date and over the past year, with declines of 31.97% and 30.62% respectively. The stock is currently trading higher than its 5-day and 20-day moving averages, but it remains below its longer-term moving averages of 50-day, 100-day, and 200-day. Additionally, there has been a notable decrease in investor participation, with delivery volume falling by 60.43% against the 5-day average, indicating a potential concern regarding sustained interest in the stock.
In the broader market context, Triveni Glass's short-term return of 1.29% over the past week has outperformed the Sensex, which increased by 0.68%. However, the stock's longer-term performance is concerning, as it has underperformed the benchmark significantly over the past month, year-to-date, and year, suggesting a lack of confidence among investors. The liquidity of the stock remains adequate for trading, but the falling delivery volume may indicate a cautious sentiment among investors, which could impact future price movements. Overall, while there is a short-term rise in price, the longer-term trends and declining investor participation may pose challenges for sustained growth.