Why is Wagend Infra falling/rising?

As of 18-Jul, Wagend Infra Venture Ltd's stock price is currently at 1.07, reflecting an increase of 0.01 or 0.94%. The stock has shown a trend reversal by gaining after three consecutive days of decline. However, it is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend overall. Additionally, the stock's delivery volume has decreased by 20.66% compared to the 5-day average, suggesting falling investor participation. Over the past week, the stock has underperformed the Sensex, declining by 4.46% while the benchmark fell only 0.90%. Year-to-date, Wagend Infra has seen a significant drop of 23.57%, contrasting sharply with the Sensex's gain of 4.63%.
In the broader market context, Wagend Infra's recent performance highlights a stark contrast to the benchmark index. While the stock has experienced a short-term uptick, its longer-term performance remains concerning, with a year-to-date decline of 23.57% compared to the Sensex's positive return. This suggests that despite a minor recovery, the stock is struggling to gain traction in a market that is generally more favorable. The lack of available positive or negative factors further complicates the understanding of the stock's recent movements, leaving investors with limited insights into potential catalysts for change.