Why is Vippy Spinpro falling/rising?

As of 07-Nov, Vippy Spinpro Ltd's stock price is rising, currently at Rs 170.00, reflecting an increase of Rs 9.5 or 5.92%. The stock has shown a trend reversal, gaining after two consecutive days of decline. Today, it outperformed its sector by 5.27%, reaching an intraday high of Rs 170, although it also touched a low of Rs 155 earlier in the day. The stock's performance over the past week shows a modest increase of 3.00%, while its year-to-date return is down by 13.24%. Notably, there has been a significant rise in investor participation, with delivery volume increasing by 153.67% compared to the 5-day average, indicating renewed interest from investors.
In the broader market context, Vippy Spinpro's recent performance contrasts with the Sensex, which has declined by 0.86% over the past week. While the stock has struggled over the past month with a decrease of 0.56%, it has shown resilience in the short term, particularly today. The stock's moving averages indicate it is performing better than its 5-day, 20-day, and 50-day averages, although it remains below the 100-day and 200-day averages. This suggests a potential recovery phase, despite its longer-term underperformance relative to the benchmark, which has gained 6.50% year-to-date.