Why is VVIP Infratech falling/rising?

As of 24-Sep, VVIP Infratech Ltd's stock price is currently at Rs 163.40, reflecting an increase of Rs 1.35 or 0.83%. The stock has shown a positive trend recently, gaining for the last two days with a total return of 1.55%. Notably, it opened with a significant gain of 3.98% today and reached an intraday high of Rs 168.5. However, despite this recent uptick, the stock has underperformed over the longer term, with a year-to-date decline of 28.43% and a one-year drop of 34.65%. The stock is currently trading below all its moving averages, indicating a bearish trend over the medium to long term. There is an increase in investor participation, as evidenced by a 34.78% rise in delivery volume compared to the five-day average, which may be contributing positively to the stock's recent performance.
In the broader market context, VVIP Infratech's recent performance contrasts with the benchmark Sensex, which has gained 4.58% year-to-date. Over the past week, VVIP Infratech has declined by 3.37%, while the Sensex has only fallen by 1.18%, highlighting a significant underperformance relative to the market. Additionally, the construction and real estate sector, in which VVIP operates, has seen a decline of 2.38%, further impacting investor sentiment. Overall, while there are signs of short-term recovery for VVIP Infratech, the longer-term performance remains concerning compared to both the sector and the broader market.