Why is Vaarad Ventures falling/rising?

As of 11-Nov, Vaarad Ventures Ltd's stock price is currently at 11.39, reflecting an increase of 0.42 or 3.83%. The stock has shown a strong performance today, outperforming its sector by 4.86%. In terms of returns, the stock has gained 21.17% over the past month, although it has experienced a decline of 15.94% year-to-date and 18.64% over the past year. The stock is trading above its 5-day, 20-day, and 50-day moving averages, but it remains below its 100-day and 200-day moving averages. However, there has been a notable decrease in investor participation, with delivery volume falling by 27.26% compared to the 5-day average, indicating a potential concern regarding sustained interest in the stock.
Broader market context shows that over the past week, Vaarad Ventures has underperformed slightly compared to the Sensex, which has increased by 0.49% while the stock rose by only 0.35%. Despite the recent uptick in price, the stock's year-to-date performance is significantly lagging behind the benchmark's gain of 7.34%. This suggests that while there may be short-term positive movements, the overall trend for Vaarad Ventures remains challenging compared to the broader market, which could be influencing investor sentiment and participation.