Why is BSL falling/rising?

As of 15-Sep, BSL Ltd's stock price is currently at Rs 167.40, reflecting an increase of Rs 4.25, or 2.6%. The stock has shown a notable performance today, outperforming its sector by 2.3% and reaching an intraday high of Rs 167.40. Additionally, the stock's delivery volume has increased significantly, rising by 59.97% against the 5-day average, indicating a rise in investor participation. While the stock has experienced a decline of 38.66% year-to-date and a 22.89% drop over the past year, it has performed well over the last month with a gain of 15.37%. 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.
In the broader market context, BSL's recent performance contrasts with the Sensex, which has gained 4.67% year-to-date. Over the past week, BSL's stock has declined by 1.53%, while the Sensex has increased by 1.24%. This suggests that while BSL is experiencing a short-term rise today, its overall performance has been weaker compared to the benchmark in the short term. The liquidity of the stock is adequate for trading, as it represents 2% of the 5-day average traded value, further supporting its recent upward movement.