Why is Modern Steels falling/rising?

As of 17-Jul, Modern Steels Ltd is experiencing a price increase, with its current price at 19.35, reflecting a change of 0.34 or 1.79% upward. The stock has shown a positive trend today, outperforming its sector by 1.32% and reversing a two-day decline. It is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a strong upward momentum. However, there has been a notable decrease in investor participation, with delivery volume falling by 41.27% compared to the 5-day average, which may suggest a caution among investors despite the stock's recent gains. The positive and negative factors dashboard is unavailable, limiting further insights into specific influences on the stock's movement.
In the broader market context, Modern Steels has outperformed the benchmark Sensex in the short term, with a 1-week return of +1.31% compared to the Sensex's -1.12%. Over the past month, the stock has also shown significant strength, gaining 10.82% while the Sensex only increased by 0.83%. However, on a year-to-date basis, the stock's performance of +1.84% lags behind the Sensex's +5.27%, and its longer-term performance over the past year shows a decline of 1.63% against the Sensex's gain of 1.91%. This indicates that while Modern Steels is currently rising, its overall performance relative to the benchmark has been mixed, particularly in the longer term.