Why is Modern Threads falling/rising?

As of 02-Jul, Modern Threads (I) Ltd is currently priced at 47.85, reflecting an increase of 0.35 or 0.74%. The stock has shown a positive trend recently, gaining for the last two days and achieving a total return of 4.48% during this period. Additionally, over the past week, the stock has outperformed the sector by 0.52%. However, it is important to note that the stock's year-to-date performance is down by 5.06%, and it has experienced a significant decline of 26.27% over the past year. The stock's delivery volume has also decreased by 53.16% compared to the 5-day average, indicating falling investor participation, which could negatively impact future price movements.
Broader Market Context: In comparison to the benchmark, the Sensex, which has risen by 0.79% over the past week, Modern Threads has outperformed with a return of 2.68%. However, the stock's performance over the last month shows a modest gain of 0.31%, while the Sensex has increased by 2.50%. This suggests that while Modern Threads is currently experiencing a short-term rise, its longer-term performance remains weak relative to the broader market, as evidenced by its year-to-date and one-year returns. The stock's moving averages indicate it is performing better than shorter-term averages but is still below the 200-day moving average, reflecting mixed signals about its longer-term trend.