Why is Ucal falling/rising?

As of 24-Oct, Ucal Ltd's stock price is currently at Rs 123.50, reflecting an increase of Rs 0.55 or 0.45%. The stock has shown a trend reversal by gaining after two consecutive days of decline. Despite this uptick, Ucal's performance over the past week and month has been negative, with returns of -5.07% and -12.63%, respectively. The stock is also trading lower than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. However, there has been a notable increase in investor participation, with delivery volume rising by 327.36% compared to the 5-day average, suggesting a potential shift in market sentiment. The stock is currently 2.43% away from its 52-week low of Rs 120.5.
In the broader market context, Ucal's recent performance contrasts sharply with the benchmark Sensex, which has gained 0.31% over the past week and 3.05% over the past month. This underperformance highlights the challenges Ucal faces in the current market environment, as it has seen a year-to-date decline of 38.54% compared to the Sensex's increase of 7.77%. The significant gap between Ucal's returns and those of the benchmark indicates that while there may be some positive movement in the stock price today, the overall trend remains concerning when viewed in the context of broader market performance.