Why is Him Teknoforg. falling/rising?

As of 17-Jul, Him Teknoforge Ltd is experiencing a price increase, currently at Rs 225.00, reflecting a rise of 12.0 points or 5.63%. Today's price summary indicates that the stock has outperformed its sector by 5.44% and has shown a trend reversal after three consecutive days of decline. It opened with a gain of 2.82% and reached an intraday high of Rs 225. The stock is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, which suggests a positive momentum. However, there has been a notable decline in investor participation, with delivery volume falling by 42.26% compared to the 5-day average. Positive financial results from March 25, including the highest quarterly net sales and profit after tax, along with a favorable valuation compared to peers, contribute to the stock's recent upward movement.
In the broader market context, Him Teknoforge's short-term return over the past week is +1.01%, contrasting with a decline of -1.12% in the Sensex, indicating that the stock is performing well against the benchmark. Over the past month, the stock has risen by 21.62%, significantly outperforming the Sensex's modest gain of 0.83%. This strong performance over various time frames, coupled with consistent returns over the last three years, reinforces the stock's attractiveness, particularly as it has generated a return of 28.13% in the past year while profits have increased by 37.3%.