Why is GEE falling/rising?

As of 05-Aug, GEE Ltd's stock price is currently at 146.50, reflecting an increase of 2.6, or 1.81%. The stock has shown a trend reversal by gaining after three consecutive days of decline. It opened with a gain of 2.12% today and reached an intraday high of Rs 147, indicating positive momentum. Additionally, the stock has outperformed its sector by 1.68%. Despite a negative return of -6.69% over the past week and -13.26% over the past month, it has performed positively year-to-date with a return of +3.24% and a significant +23.52% over the past year. The rising investor participation, with a delivery volume increase of 31.3% against the 5-day average, suggests growing interest in the stock.
In the broader market context, GEE Ltd's short-term performance has been weaker compared to the benchmark Sensex, which has only declined by -0.77% over the past week. However, the stock's year-to-date performance is slightly behind the Sensex, which has a return of +3.29%. The liquidity of the stock is adequate for trading, as it is based on 2% of the 5-day average traded value. Overall, while GEE Ltd has faced recent challenges reflected in its short-term returns, the current upward movement and increased investor engagement may indicate a potential recovery phase.