Why is Uma Converter falling/rising?

As of 01-Sep, Uma Converter Ltd's stock price is currently at Rs 23.80, reflecting an increase of Rs 0.25, or 1.06%. Despite this uptick, the stock has been underperforming, as it is trading lower than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. The stock is also close to its 52-week low, being just 1.05% away from Rs 23.55. Over the past week, the stock has shown a slight gain of 0.21%, but it has experienced a significant decline of 22.09% year-to-date and 30.71% over the past year, indicating a longer-term downward trend. Notably, there has been a rise in investor participation, with delivery volume increasing by 127.27% against the 5-day average, suggesting some renewed interest despite the overall negative performance.
In the broader market context, Uma Converter's recent performance contrasts sharply with the benchmark Sensex, which has declined by 1.37% over the past week while the stock has managed a slight gain. However, over the longer term, the stock's performance has lagged significantly behind the Sensex, which has gained 4.15% year-to-date. This underperformance in comparison to the benchmark may contribute to investor sentiment that is cautious or negative towards Uma Converter Ltd. Overall, while there is a minor uptick in the stock price, the broader trends and comparisons indicate ongoing challenges for the company.