Why is Vardhman Concr. falling/rising?

As of 09-Oct, Vardhman Concrete Ltd's stock price is currently at 10.31, reflecting an increase of 0.77 or 8.07%. The stock has shown a trend reversal today, gaining after two consecutive days of decline. Despite this positive movement, it is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a generally bearish trend. Additionally, investor participation has decreased, with delivery volume falling by 16.82% compared to the 5-day average. Over the past month, the stock has underperformed, showing a decline of 4.63%, while it has experienced a significant drop of 10.74% year-to-date, contrasting with the benchmark Sensex, which has gained 5.16% during the same period.
In the broader market context, Vardhman Concrete Ltd's short-term performance has slightly outpaced the Sensex, with a weekly return of 1.48% compared to the benchmark's 1.47%. However, the stock's longer-term performance remains concerning, as it has underperformed the Sensex over the past month and year, suggesting challenges in maintaining investor confidence. The liquidity of the stock appears adequate for trading, but the declining delivery volume may indicate waning interest from investors, which could impact future price movements. Overall, while today's price increase is a positive sign, the underlying trends and market conditions suggest caution.