Why is Vikas Wsp falling/rising?

As of 03-Sep, Vikas Wsp Ltd's stock price is currently at 1.34, reflecting an increase of 0.06 or 4.69%. The stock has shown a positive trend recently, gaining for the last two days with a total return of 9.84% during this period. Additionally, it has outperformed its sector by 3.33%. However, despite this recent uptick, the stock has experienced a decline of 2.19% over the past month and a significant drop of 16.25% over the last year. The delivery volume has decreased by 15.07% compared to the 5-day average, indicating a potential reduction in investor participation, which could impact future price movements.
Broader Market Context: In the short term, Vikas Wsp Ltd has outperformed the Sensex, which has seen a slight decline of 0.27% over the past week while Vikas Wsp gained 3.08%. This suggests that the stock's recent rise is somewhat insulated from broader market trends. However, over longer periods, the stock has underperformed significantly compared to the benchmark, with a 3-year decline of 45.97% against the Sensex's gain of 37.01%. This stark contrast highlights the challenges Vikas Wsp faces in regaining investor confidence, despite its recent positive performance.