Why is Anik Industries falling/rising?

As of 08-Aug, Anik Industries Ltd is experiencing a price increase, with its current price at 99.80, reflecting a rise of 3.56 or 3.7%. The stock has been gaining for the last three days, accumulating a total return of 6.17% during this period. However, despite this positive movement, the stock's delivery volume has decreased by 6.02% compared to the five-day average, indicating a potential decline in investor participation. Additionally, while the stock is trading above its 5-day and 20-day moving averages, it remains below its longer-term moving averages, suggesting mixed signals regarding its momentum. There is no information available regarding positive or negative factors that could further clarify the stock's recent performance.
In the broader market context, the stock's short-term performance contrasts with the benchmark, as the Sensex has declined by 0.92% over the past week and 4.60% over the past month. This indicates that while Anik Industries is rising, the overall market sentiment is bearish, which may highlight the stock's relative strength in a challenging environment. The year-to-date performance shows a modest gain of 2.20% for the Sensex, while Anik Industries' performance metrics over longer periods remain unavailable for comparison.