Why is Wagend Infra falling/rising?

As of 04-Nov, Wagend Infra Venture Ltd's stock price is currently at 1.12, reflecting an increase of 0.14, or 14.29%. The stock has shown a trend reversal, gaining after three consecutive days of decline. Despite this recent uptick, it is important to note that Wagend Infra is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a generally bearish trend over a longer period. The stock has outperformed its sector by 14.26% today, and there has been a rise in investor participation, with delivery volume increasing by 6.11% compared to the 5-day average. However, the stock's year-to-date performance remains significantly negative at -20.00%, and it has underperformed against the benchmark Sensex over various time frames, including a -2.61% return over the past month.
In the broader market context, Wagend Infra's short-term return of +0.90% over the past week contrasts sharply with the Sensex, which has declined by 1.38% during the same period. This suggests that while the stock is experiencing a temporary rebound, it has struggled to maintain consistent performance compared to the overall market. The significant underperformance over the longer term, particularly with a -64.89% return over the past five years compared to the Sensex's +105.48%, highlights ongoing challenges for the company. Overall, the recent price increase may be a result of short-term trading dynamics rather than a fundamental recovery, as indicated by the lack of positive factors in the available data.