Why is Virgo Global falling/rising?

As of 23-Sep, Virgo Global Ltd's stock price is currently at 4.84, showing no change (0.00%). The stock has outperformed its sector today by 0.59%, indicating a positive movement relative to its peers. In terms of returns, the stock has increased by 1.47% over the past week and 2.98% over the past month, despite a significant year-to-date decline of 34.42% and a one-year drop of 49.37%. The delivery volume has seen a notable increase of 158.27% compared to the five-day average, suggesting rising investor participation. However, the stock is currently trading below its 20-day, 50-day, 100-day, and 200-day moving averages, which may indicate some underlying weakness despite the recent uptick.
Broader Market Context: In comparison to the benchmark Sensex, which has decreased by 0.34% over the past week and increased by 0.98% over the past month, Virgo Global's short-term performance is relatively strong. The stock's recent gains highlight its resilience in a market that has not performed as well, particularly in the short term. However, the significant year-to-date and one-year declines suggest that while there may be short-term positive movements, the overall trend for Virgo Global remains concerning when viewed against broader market performance.