Why is Ajax Engineering falling/rising?

As of 19-Sep, Ajax Engineering Ltd's stock price is currently at 676.35, reflecting an increase of 2.35, or 0.35%. The stock has been on a positive trajectory, gaining for the last four days and achieving a total return of 3.89% during this period. Additionally, the stock has outperformed its sector by 0.41% today. The delivery volume has significantly increased, with a rise of 393.3% compared to the 5-day average, indicating rising investor participation. However, the stock's performance over the past month shows a decline of 1.92%, which contrasts with the overall market performance.
In the broader market context, Ajax Engineering's short-term performance of +3.50% over the past week has outpaced the Sensex, which only increased by 0.88% during the same period. This suggests that while the stock has faced challenges in the longer term, it is currently experiencing a positive momentum relative to the benchmark. The stock's moving averages indicate mixed signals, being higher than the 5-day, 100-day, and 200-day averages but lower than the 20-day and 50-day averages, which may reflect varying investor sentiment. Overall, the stock's recent gains can be attributed to increased trading activity and positive short-term performance compared to the broader market.