Why is Empire Inds. falling/rising?

As of 04-Sep, Empire Industries Ltd is currently priced at 1,168.90, reflecting an increase of 8.9 points or 0.77%. The stock has outperformed its sector by 3% today, and it is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Over the past week, the stock has risen by 2.41%, and in the last month, it has shown a significant increase of 8.53%. However, despite this recent positive movement, the stock has experienced a decline of 9.65% year-to-date, and its profits have decreased by 15.2% over the past year, contributing to a return of -0.75%. The stock is currently considered a hold due to its attractive valuation, trading at a discount compared to peers, with a return on equity of 11 and a price-to-book value of 2.2.
In the broader market context, the Sensex has increased by 0.80% over the past week, indicating that while Empire Industries has outperformed the benchmark in the short term, it still lags behind in the year-to-date performance, where the Sensex has gained 3.30%. The glass sector, in which Empire operates, has seen a decline of 2.2%, suggesting sector-specific challenges that may impact investor sentiment. Additionally, there has been a notable decrease in investor participation, with delivery volume falling by 58.65% against the 5-day average, which could signal reduced confidence among investors despite the stock's recent price rise.