Why is Umiya Tubes falling/rising?

As of 19-Sep, Umiya Tubes Ltd's stock price is currently at 27.61, reflecting an increase of 0.54 or 1.99%. The stock has shown a trend reversal by gaining after four consecutive days of decline, outperforming its sector by 1.79% today. However, despite this uptick, the stock has experienced a significant decline over the past week and month, with returns of -4.00% and -4.92%, respectively. Year-to-date, the stock is down 24.48%, although it has performed exceptionally well over the longer term, with a 172.02% increase over the past year and a remarkable 222.92% over three years. Notably, investor participation has decreased, with delivery volume falling by 28.5% compared to the five-day average, indicating a potential concern regarding liquidity and investor confidence.
In the broader market context, Umiya Tubes' recent performance contrasts with the Sensex, which has gained 0.88% over the past week and 1.20% over the past month. This underperformance relative to the benchmark suggests that while the stock has seen a short-term rebound, it is still struggling to maintain momentum compared to the overall market. The stock's current price is above its 100-day and 200-day moving averages but below its shorter-term moving averages, which may indicate mixed signals about its future direction. Overall, the combination of declining investor participation and the stock's recent volatility reflects a cautious sentiment among investors, despite its strong long-term performance.