Why is Gujarat Hy-Spin falling/rising?

As of 27-Oct, Gujarat Hy-Spin Ltd's stock price is currently at 18.90, reflecting an increase of 0.53 or 2.89%. The stock has shown a strong performance recently, gaining 10.79% over the past week and 7.45% over the past month. It has outperformed its sector by 0.79% today and has been on a consecutive gain streak for three days. However, there has been a notable decline in investor participation, with delivery volume dropping by 58.33% against the five-day average. The stock's moving averages indicate that while it is performing better than the 5-day and 20-day averages, it remains below the longer-term averages of 50, 100, and 200 days.
In the broader market context, Gujarat Hy-Spin's recent short-term return of 10.79% over the past week significantly outpaces the Sensex's return of 0.49% during the same period. While the stock has had a strong performance in the short term, it is important to note that it has underperformed year-to-date with a decline of 8.92%, contrasting with the Sensex's gain of 8.50%. The textile machinery sector has also seen a gain of 2.16%, which may contribute positively to the stock's performance. Overall, the combination of recent gains, sector performance, and declining investor participation suggests a complex picture for Gujarat Hy-Spin's stock movement.