Why is Avax Apparels falling/rising?

As of 10-Sep, Avax Apparels and Ornaments Ltd is experiencing a price increase, currently at Rs 110.50, which reflects a rise of 5.25 or 4.99%. The stock has shown strong performance today, outperforming its sector by 5.38% and has been on a consecutive gain streak for the last two days, accumulating a total return of 10.22% during this period. However, it is important to note that the stock has been underperforming over the past week and month, with declines of 0.50% and 5.43% respectively. Additionally, there has been a decrease in investor participation, as evidenced by a 28.57% drop in delivery volume compared to the five-day average, which may indicate a lack of sustained interest despite the recent price increase.
Broader Market Context: In comparison to the benchmark, the Sensex has shown a positive return of 1.06% over the past week and 1.96% over the past month, while Avax Apparels has struggled with negative returns in the same periods. This suggests that while the stock is currently rising, it is doing so in a market that is generally performing better. The stock's current price is above its five-day moving average but below its longer-term moving averages, indicating mixed signals regarding its performance trajectory. Overall, while the recent gains are notable, the broader context of declining participation and underperformance relative to the benchmark may temper the outlook for sustained growth.