Why is Forcas Studio falling/rising?

As of 05-Sep, Forcas Studio Ltd is experiencing a price increase, currently at 102.20, reflecting a rise of 4.55 or 4.66%. The stock has outperformed its sector by 4.88% today, indicating positive investor sentiment. Additionally, the delivery volume has significantly increased by 90.39% compared to the 5-day average, suggesting heightened investor participation. However, the stock's performance over the past month shows a decline of 3.58%, and its year-to-date return is down by 4.93%. The stock is currently above its 5-day and 200-day moving averages, but below its 20-day, 50-day, and 100-day moving averages, indicating mixed technical signals.
In the broader market context, the Sensex has shown a return of +1.29% over the past week, while Forcas Studio's return for the same period is +0.84%, indicating that the stock has underperformed the benchmark slightly in the short term. Over the past month, the Sensex has gained 0.36%, contrasting with Forcas Studio's decline, which highlights the stock's relative weakness in the recent market environment. Despite these challenges, the current upward movement in price suggests a potential recovery or positive sentiment among investors, although the longer-term performance remains concerning with a year-over-year decline of 20.90%.