Why is Flair Writing falling/rising?

As of 05-Sep, Flair Writing Industries Ltd is currently priced at Rs 321.00, reflecting an increase of Rs 2.85, or 0.9%. The stock has shown a strong performance in the short term, with a 4.05% increase over the past week, although it has declined by 3.31% over the past month. Today's trading saw the stock reach an intraday high of Rs 333.85, indicating a potential upward trend, despite underperforming its sector by 0.36%. The stock is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, which suggests a positive momentum. Additionally, there has been a significant increase in investor participation, with delivery volume rising by over 1000% compared to the 5-day average. Institutional investors have also increased their stake in the company, which may contribute to the stock's stability and growth potential.
In the broader market context, Flair Writing's performance has outpaced the benchmark, as it has generated a 6.61% return over the past year while the BSE500 index has declined by 4.41%. This indicates that the stock is not only resilient but also appealing to investors compared to the overall market. The company's low debt-to-equity ratio and increasing institutional interest further bolster its attractiveness, suggesting that it is well-positioned for future growth despite recent fluctuations. Overall, the combination of strong short-term performance, rising investor participation, and positive institutional sentiment supports the stock's upward movement.