Why is Varyaa Creations falling/rising?

As of 16-Sep, Varyaa Creations Ltd's stock price is currently at Rs 39.80, reflecting an increase of Rs 1.51 or 3.94%. The stock opened with a gain of 2.01% today and reached an intraday high of Rs 39.80. However, it also experienced volatility, touching a low of Rs 36.56, which represents a decline of 4.52%. Despite today's positive movement, the stock has shown a negative trend over the past month, with a decline of 4.07%, and a significant year-to-date drop of 54.33%. Additionally, there has been a notable decrease in investor participation, with delivery volume falling by 50% against the five-day average, indicating potential concerns among investors.
Broader market context shows that while Varyaa Creations has outperformed its sector by 3.3% today, its one-week performance is lagging behind the Sensex, which has gained 1.58%. The stock's year-to-date performance is starkly negative compared to the Sensex's positive return of 5.43%. The stock's moving averages indicate it is performing better than the 20-day moving average but worse than the longer-term averages, suggesting mixed signals regarding its trend. Overall, the erratic trading pattern and falling investor participation could be contributing to the stock's volatility and uncertainty in its future performance.