Why is Fraser & Company falling/rising?

As of 02-Jul, Fraser and Company Ltd's stock price is currently at 7.76, reflecting an increase of 0.36, or 4.86%. The stock has shown strong performance recently, gaining 15.48% over the last three days and outperforming its sector by 4.09% today. Despite this positive momentum, the stock has experienced a decline of 4.55% year-to-date, although it has surged by 60.33% over the past year. The stock is currently trading above its 5-day, 20-day, and 50-day moving averages, but below its 100-day and 200-day moving averages. Notably, there has been a significant drop in investor participation, with delivery volume falling by 81.8% compared to the 5-day average, which could indicate a potential concern for future price stability.
Broader Market Context: In comparison to the Sensex, Fraser and Company Ltd has outperformed the benchmark in the short term, with a 1-week return of 11.17% against the Sensex's 0.79%. However, the stock's year-to-date performance lags behind the Sensex, which has risen by 6.75%. This disparity suggests that while Fraser and Company is currently experiencing a positive price movement, broader market trends may not be as favorable, potentially impacting investor sentiment and participation in the stock.