Why is Flair Writing falling/rising?

As of 30-Jun, Flair Writing Industries Ltd is experiencing a price increase, currently at Rs 267.65, which reflects a rise of Rs 15.35 or 6.08%. The stock has shown a positive trend today, outperforming its sector by 4.94% and marking a reversal after two consecutive days of decline. It reached an intraday high of Rs 269.5, indicating strong intraday performance. Despite a year-to-date decline of 5.52% and a one-year drop of 10.65%, the stock's current valuation remains attractive with a low debt-to-equity ratio and a return on equity of 11.7%. However, it is important to note that investor participation has decreased, with delivery volume falling by 28.01% against the five-day average.
In the broader market context, Flair Writing's short-term performance over the past week has been notably stronger than the benchmark Sensex, which increased by 2.09%, while the stock itself rose by 7.15%. This suggests that the stock is gaining traction relative to the overall market. However, the longer-term performance indicates that the stock has underperformed the benchmark over one month, year-to-date, and one year, which may raise concerns among investors about its sustainability. Overall, while the stock is currently rising, its historical performance and declining investor participation could pose challenges moving forward.