Why is Carraro India falling/rising?

As of 10-Jun, Carraro India Ltd is experiencing a rise in its stock price, currently at Rs 457.70, reflecting an increase of Rs 10.2 or 2.28%. The stock has shown a positive performance today, outperforming its sector by 2.33% and has been on a consecutive gain streak for the last two days, accumulating a total return of 6.01% during this period. Additionally, the stock is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a strong upward trend. However, there has been a notable decline in investor participation, with delivery volume dropping by 23.39% compared to the 5-day average, which may suggest some caution among investors.
In the broader market context, Carraro India's short-term return over the past week is +1.22%, which is below the benchmark Sensex's return of +2.05%. Over the past month, the stock has performed well with a return of +14.71%, although this is still less than the Sensex's +3.70%. Year-to-date, Carraro India has seen a significant decline of 28.16%, contrasting with the Sensex's positive return of 5.44%. This divergence indicates that while the stock is currently rising, it has struggled significantly in the longer term compared to the overall market performance.