Why is VXL Instruments falling/rising?

As of 14-Nov, VXL Instruments Ltd is experiencing a price increase, currently at 3.15, with a change of 0.11, representing a rise of 3.62%. The stock has shown strong performance recently, gaining 8.62% over the last two days and outperforming its sector by 4.03% today. However, despite this positive movement, the stock's year-to-date performance is down by 39.42%, and it has declined by 47.76% over the past year. Additionally, the stock's delivery volume has decreased by 6.72% compared to the 5-day average, indicating a potential decline in investor participation, which could impact future price movements.
In the broader market context, VXL Instruments has outperformed the Sensex in the short term, with a weekly return of 8.25% compared to the Sensex's 1.62%. However, over the longer term, the stock has significantly underperformed against the benchmark, with a 3-year decline of 67.08% versus the Sensex's growth of 37.22%. This stark contrast highlights the challenges VXL Instruments faces in regaining investor confidence despite its recent gains. The stock's liquidity remains adequate for trading, but the falling investor participation could pose risks to sustaining its upward momentum.