Why is Vasa Retail falling/rising?

As of 09-Jul, Vasa Retail and Overseas Ltd is experiencing a price increase, currently at 4.30, reflecting a change of 0.2 or 4.88% upward. The stock has shown a strong performance today, outperforming its sector by 5.98%. Over the past week and month, the stock has gained 8.86%, while its year-to-date performance remains down by 27.12%. Despite this recent uptick, the stock is still below its longer-term moving averages, specifically lower than the 100-day and 200-day averages. Additionally, there has been a notable decline in investor participation, with delivery volume dropping by 50% compared to the 5-day average, indicating a potential concern for sustained interest in the stock.
In the broader market context, Vasa Retail's recent performance stands in stark contrast to the benchmark Sensex, which has only increased by 0.09% over the past week and 1.49% over the past month. This suggests that while Vasa Retail is experiencing a short-term rebound, it is still lagging significantly behind the benchmark in terms of year-to-date and annual returns, with declines of 27.12% and 39.01% respectively. The overall market sentiment appears to be more favorable than that of Vasa Retail, which may contribute to the stock's volatility and the challenges it faces in regaining investor confidence.