Why is Hercules Hoists falling/rising?

As of 03-Jul, Hercules Hoists Ltd is experiencing a price increase, currently at 205.70, which reflects a rise of 3.8 or 1.88%. The stock has shown strong performance recently, with a 1-week return of +11.19% and a 1-month return of +21.82%, significantly outperforming the Sensex, which has seen a decline of -0.62% over the same week and a modest gain of +3.10% over the month. However, despite today's positive movement, there is a notable decline in investor participation, with delivery volume falling by -68.93% against the 5-day average. The stock is trading above its 5-day, 20-day, 50-day, and 100-day moving averages, but remains below its 200-day moving average, indicating mixed signals regarding its longer-term trend.
Broader Market Context: In the context of the broader market, Hercules Hoists has outperformed the Sensex in the short term, particularly over the past week and month, which may contribute to the positive sentiment surrounding the stock. However, the year-to-date performance shows a decline of -6.05% compared to the Sensex's gain of +6.53%, suggesting that while the stock is currently rising, it has faced challenges over a longer period. The significant drop in the stock's price over the past year, at -64.92%, contrasts sharply with the Sensex's modest gain of +4.07%, indicating that investors may still be cautious despite recent gains.