Why is Mish Designs falling/rising?

As of 05-Sep, Mish Designs Ltd is experiencing a price increase, currently at Rs 69.99, reflecting a rise of Rs 2.99 or 4.46%. The stock has shown strong performance today, outperforming its sector by 4.9% and opening with a gain of 4.78%. It reached an intraday high of Rs 70.2 and has traded within a narrow range of Rs 0.21. Additionally, the stock's delivery volume has significantly increased by 115.91% compared to the 5-day average, indicating rising investor participation. Despite a year-to-date decline of 51.76% and a one-year drop of 67.56%, the recent upward movement suggests a positive shift in market sentiment, although there are no specific positive or negative factors available to elaborate further on this trend.
In the broader market context, Mish Designs Ltd's short-term return of 18.49% over the past week significantly outpaces the Sensex's return of 1.13% during the same period. This stark contrast highlights the stock's recent strength relative to the benchmark. However, the year-to-date performance remains concerning, as the stock has underperformed the Sensex, which has gained 3.29% year-to-date. The current upward movement may be a corrective response to its previous declines, but it is essential to monitor whether this trend can be sustained in the face of its longer-term performance challenges.