Why is Escorts Kubota falling/rising?

As of 23-Jul, Escorts Kubota Ltd's stock price is currently at 3,472.95, reflecting an increase of 28.15, or 0.82%. The stock has been gaining for the last three days, with a total return of 1.96% during this period. It is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a positive trend. Additionally, there has been a notable increase in investor participation, with delivery volume rising by 23.78% compared to the 5-day average. The company maintains a low average debt-to-equity ratio, which is a positive factor for its financial health, and the majority of shareholders are promoters, suggesting stability in ownership.
In the broader market context, Escorts Kubota's short-term performance over the past week shows a return of 3.41%, significantly outperforming the Sensex, which only gained 0.11%. However, the stock has underperformed its sector by 0.43% today. While the year-to-date return of 4.40% is lower than the Sensex's 5.87%, the stock has demonstrated strong long-term growth, with a 103.09% increase over the past three years compared to the benchmark's 47.54%. This indicates that while the stock is currently experiencing a positive movement, it has faced challenges over the longer term, as evidenced by its 15.70% decline over the past year.