Why is VVIP Infratech falling/rising?

As of 30-Jun, VVIP Infratech Ltd's stock price is currently at Rs 196.00, reflecting an increase of Rs 6.95, or 3.68%. The stock has shown a positive trend today, gaining after two consecutive days of decline, and has outperformed its sector by 3.92%. Despite this uptick, the stock's year-to-date performance remains negative at -14.15%, contrasting with the Sensex's gain of 7.00%. The stock's trading volume has decreased, with delivery volume falling by 19.01% against the five-day average, indicating a decline in investor participation. Additionally, while the stock is trading above its 5-day, 50-day, and 100-day moving averages, it remains below the 20-day and 200-day moving averages, suggesting mixed signals regarding its momentum.
In the broader market context, VVIP Infratech's short-term return of +3.16% over the past week outpaces the Sensex's gain of +2.09%, indicating a relatively stronger performance in the short term. However, the stock's year-to-date decline of -14.15% starkly contrasts with the benchmark's positive return, highlighting ongoing challenges for the company. The liquidity of the stock remains adequate for trading, but the falling investor participation could be a concern for sustained price increases. Overall, while the recent price rise may reflect a short-term recovery, the longer-term performance and declining investor interest suggest caution.