Why is Graphisads falling/rising?

As of 19-Sep, Graphisads Ltd is experiencing a price increase, currently at 37.45, reflecting a change of 1.75 or 4.9% upward. The stock has shown strong performance in the short term, with a 12.63% increase over the past week and a 7.00% rise over the past month, significantly outperforming the Sensex, which has only increased by 0.85% and 1.39% in the same periods, respectively. However, the stock's year-to-date performance remains concerning, with a decline of 34.24%, and a staggering 49.36% drop over the past year. Today's price summary indicates that the stock has outperformed its sector by 5.29%, but there is a notable decline in investor participation, with delivery volume falling by 55.36% against the 5-day average, which could indicate waning interest despite the recent price increase.
In the broader market context, while Graphisads has shown impressive short-term returns compared to the Sensex, the overall market sentiment appears mixed, as evidenced by the Sensex's modest gains. The stock's moving averages indicate that it is performing better than the shorter-term averages (5-day, 20-day, and 50-day) but is still lagging behind the longer-term averages (100-day and 200-day), suggesting potential volatility ahead. The liquidity of the stock remains adequate for trading, but the significant drop in delivery volume raises concerns about sustained interest from investors, which could impact future price movements.