Why is ABS Marine falling/rising?

As of 24-Jun, ABS Marine Services Ltd is experiencing a price increase, with its current price at 189.50, reflecting a rise of 7.3 or 4.01%. The stock has shown strong short-term performance, with a 1-week return of +10.33% and a 1-month return of +45.88%. However, it is important to note that the stock underperformed its sector by -0.84% today. The stock's delivery volume has increased significantly, rising by 34.73% against the 5-day average, indicating rising investor participation. While the stock is currently above its 5-day and 20-day moving averages, it remains below the longer-term moving averages of 50-day, 100-day, and 200-day, suggesting mixed signals regarding its momentum.
In the broader market context, the Sensex has only increased by 0.77% over the same 1-week period, highlighting that ABS Marine's recent performance is significantly stronger than the benchmark. However, despite this short-term outperformance, the stock has a year-to-date decline of -5.42%, contrasting with the Sensex's gain of +5.92%. This indicates that while the stock is currently rising, it has struggled over a longer time frame, which may affect investor sentiment moving forward. Overall, the combination of increased trading activity and short-term gains suggests a positive outlook, but the longer-term performance remains a concern.