Why is 3M India falling/rising?

As of 19-Aug, 3M India Ltd. is experiencing a price increase, currently at Rs 31,400.00, reflecting a rise of Rs 890.55 or 2.92%. The stock has shown positive performance today, outperforming its sector by 0.67% and achieving a consecutive gain over the last two days with a total return of 3.65%. It reached an intraday high of Rs 31,400, and is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Additionally, the stock has seen a significant increase in delivery volume, which rose by 147.59% compared to the 5-day average. Despite a year-to-date return of 3.27%, the stock has underperformed over the past year with a decline of 11.82%. However, the company benefits from high management efficiency, a low debt-to-equity ratio, and strong long-term growth in operating profit.
In the broader market context, 3M India's short-term return of 1.59% over the past week is slightly below the benchmark Sensex, which has gained 1.76% in the same period. While the stock has shown resilience with a 5.06% increase over the past month, it has lagged behind the Sensex's year-to-date performance of 4.49%. The overall sector has also performed well, gaining 2.29%, indicating a positive environment for diversified companies. This combination of factors suggests that while 3M India is currently rising, it faces challenges in maintaining momentum compared to both the benchmark and its sector peers.