Why is Global Surfaces falling/rising?

As of 08-Aug, Global Surfaces Ltd's stock price is currently at Rs 118.00, reflecting an increase of Rs 5.95 or 5.31%. The stock has shown a strong performance today, outperforming its sector by 4.1%, and it reached an intraday high of Rs 120.8, which is a rise of 7.81%. However, despite this positive movement, the stock has experienced a significant decline year-to-date, down 30.24%, and a 1-year drop of 37.70%. Additionally, there has been a decrease in investor participation, with delivery volume falling by 17.64% against the 5-day average, indicating a potential concern regarding sustained interest in the stock.
In the broader market context, Global Surfaces has outperformed the Sensex in the short term, with a 1-week return of 6.84% compared to the Sensex's decline of 0.92%. This suggests that while the stock is currently experiencing a positive movement, it is still facing challenges in the longer term, as evidenced by its negative returns over the past month and year. The stock's liquidity remains adequate for trading, but its performance relative to longer-term moving averages indicates that it is still under pressure compared to its historical performance. Overall, while today's gains are notable, the stock's longer-term trajectory remains concerning.