Why is Hariyana Ship falling/rising?

As of 02-Sep, Hariyana Ship Breakers Ltd is experiencing a price increase, with the current price at Rs 111.70, reflecting a change of 3.7 or 3.43% upward. The stock has shown a positive performance today, outperforming its sector by 3.59% and reversing a trend after two consecutive days of decline. It opened with a significant gain of 5.79% and reached an intraday high of Rs 114.25. However, despite this positive movement, the stock's delivery volume has decreased by 22.56% compared to the 5-day average, indicating a decline in investor participation. Over the past week, the stock has gained 2.48%, while it has seen a decline of 1.28% over the past month and a year-to-date drop of 11.80%.
In the broader market context, the Sensex has decreased by 0.78% over the past week, suggesting that Hariyana Ship Breakers Ltd's recent rise is occurring in a generally unfavorable market environment. While the stock has outperformed the benchmark in the short term, its long-term performance shows a decline of 22.16% over the past year compared to a 2.91% drop in the Sensex. This indicates that while the stock is currently rising, it has faced significant challenges over a longer period, which may affect investor sentiment moving forward.