Why is Ucal falling/rising?

As of 23-Sep, Ucal Ltd's stock price is currently at Rs 142.05, reflecting an increase of Rs 3.05 or 2.19%. The stock has shown a positive trend today, outperforming its sector by 1.69% and reversing a three-day decline. It reached an intraday high of Rs 143.45, indicating a recovery in momentum. However, despite this uptick, the stock's year-to-date performance remains significantly negative at -29.31%, contrasting with the Sensex's positive return of 5.07% over the same period. Additionally, the stock's delivery volume has decreased by 32.22% compared to the five-day average, suggesting a decline in investor participation, which could impact future price movements.
Broader Market Context: In the short term, Ucal Ltd has outperformed the Sensex, with a weekly return of +2.90% compared to the benchmark's -0.34%. This indicates that while the stock is experiencing a temporary rise, it is still underperforming over longer periods, particularly when compared to the Sensex's returns over one year and three years. The broader market context shows that while Ucal is currently gaining, its long-term performance remains weak, and the falling investor participation could pose challenges for sustaining this upward movement.