Why is Veer Energy falling/rising?

As of 07-Aug, Veer Energy & Infrastructure Ltd is experiencing a price increase, with a current price of 17.39, reflecting a change of 0.23 or 1.34% upward. The stock has shown a trend reversal, gaining after two consecutive days of decline. Despite this recent uptick, it is trading lower than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Additionally, there has been a rise in investor participation, with delivery volume increasing by 12.39% against the 5-day average. Over the past week, the stock has underperformed, showing a decline of 3.60%, while its year-to-date performance is down by 27.81%. The positive and negative factors dashboard is not available, which limits further insights into specific influences on the stock's movement.
In the broader market context, Veer Energy's recent performance contrasts with the benchmark Sensex, which has seen a slight decline of 0.69% over the past week. While the stock has outperformed its sector by 1.08% today, its year-to-date performance significantly lags behind the Sensex's gain of 3.18%. This indicates that, despite the recent price increase, the stock's overall trajectory remains concerning compared to the broader market trends.