Why is Comrade Applian. falling/rising?

As of 02-Sep, Comrade Appliances Ltd is experiencing a price increase, currently at Rs 108.50, which reflects a rise of 5.13 or 4.96%. The stock has been on an upward trend, gaining for the last three days and achieving a total return of 12.38% during this period. It opened with a gain of 4.19% today and reached an intraday high of Rs 108.53. Additionally, the stock has outperformed its sector by 4.87%. Despite a year-to-date decline of 14.23%, the recent performance indicates a positive shift, supported by a significant increase in delivery volume, which rose by 221.43% compared to the 5-day average.
In the broader market context, the stock's short-term return of 10.15% over the past week contrasts sharply with the Sensex, which has decreased by 0.78% during the same period. This suggests that Comrade Appliances Ltd is gaining traction against a backdrop of a declining benchmark. While the stock's performance over the year remains negative at -17.74%, the recent gains indicate a potential recovery phase, especially as it trades above its shorter-term moving averages, although it remains below the 200-day moving average. Overall, the rising investor participation and liquidity further bolster the stock's upward momentum.