Why is Accord Synergy falling/rising?

As of 05-Aug, Accord Synergy Ltd's stock price is rising, currently at 23.85, reflecting an increase of 1.1 or 4.84%. The stock has shown strong performance today, outperforming its sector by 4.16%. In terms of returns, the stock has gained 4.84% over the past week and 13.57% over the past month, while it has underperformed on a year-to-date basis with a decline of 13.43%. The stock is currently trading above its 5-day, 20-day, 50-day, and 100-day moving averages, although it remains below the 200-day moving average. However, there has been a notable decrease in investor participation, with delivery volume falling by 44.44% compared to the 5-day average, indicating a potential concern for sustained upward momentum.
In the broader market context, the Sensex has declined by 0.69% over the past week and 3.19% over the past month, contrasting with Accord Synergy's positive short-term performance. This suggests that the stock's rise may be driven by company-specific factors rather than broader market trends. While the stock has struggled on a year-to-date and three-year basis, its recent gains indicate a potential recovery phase, albeit amidst falling investor participation and liquidity concerns. Overall, the stock's current upward movement appears to be a response to short-term positive performance metrics rather than a reflection of long-term stability.