Why is Vardhman Acrylic falling/rising?

As of 05-Aug, Vardhman Acrylics Ltd is experiencing a price increase, currently at Rs 46.81, reflecting a rise of Rs 1.04 or 2.27%. The stock has shown some positive movement today, outperforming its sector by 3.2%. Despite this, the stock has faced a decline in the past week and month, with returns of -3.78% and -1.29% respectively. Notably, the stock has not traded on one day out of the last 20 days, indicating erratic trading patterns. However, there has been a significant increase in investor participation, with delivery volume rising by 130.51% against the 5-day average, suggesting growing interest among investors.
In the broader market context, Vardhman Acrylics has underperformed compared to the Sensex over various time frames, with a year-to-date decline of -13.23% against the Sensex's gain of +4.25%. This underperformance is further highlighted by the stock's one-year return of -20.76% compared to the Sensex's +2.47%. While the stock is currently trading above its 50-day and 100-day moving averages, it remains below its 5-day, 20-day, and 200-day moving averages, indicating mixed signals in terms of momentum. Overall, while today's price movement is positive, the stock's longer-term performance relative to the benchmark suggests ongoing challenges.