Why is Vinayak Polycon falling/rising?

As of 18-Nov, Vinayak Polycon International Ltd's stock price is rising, currently at Rs 25.98, reflecting an increase of Rs 1.16 or 4.67%. The stock opened with a significant gain of 4.96% today and reached an intraday high of Rs 26.05. Despite some erratic trading, with the stock not trading on two days out of the last twenty, there has been a notable increase in investor participation, with delivery volume rising by 225.29% against the five-day average. Over the past month, the stock has outperformed the sector by 5.14%, although it remains down 35.72% year-to-date and 35.03% over the past year.
In the broader market context, the stock's short-term performance shows a modest gain of 0.19% over the past week, which is lower than the Sensex's increase of 0.96% during the same period. While the stock has shown some resilience in the short term, its year-to-date performance significantly lags behind the benchmark index, which has risen by 8.36%. The stock's higher trading volume near its low price indicates some liquidity, but it is still trading below its longer-term moving averages, suggesting that while there is some upward momentum, the overall trend remains cautious.