Why is Modern Threads falling/rising?

As of 04-Sep, Modern Threads (I) Ltd is experiencing a price increase, currently at Rs 56.89, which reflects a rise of Rs 1.83 or 3.32%. Today's price summary indicates that the stock has outperformed its sector by 4.39% and has shown a trend reversal after two consecutive days of decline. The stock opened with a significant gain of 4.99% and reached an intraday high of Rs 57.81. However, despite these positive movements, there has been a notable decrease in investor participation, with delivery volume falling by 67.35% compared to the 5-day average, which may indicate a lack of sustained buying interest. The stock's performance over the past month shows a gain of 17.06%, contrasting with a slight decline of 0.96% over the past year.
In the broader market context, the stock's recent performance can be compared to the Sensex, which has shown a positive return of 0.80% over the past week, while Modern Threads has declined by 1.47% during the same period. However, the stock's year-to-date performance is strong at 12.88%, significantly outperforming the Sensex's 3.30% gain. This suggests that while the stock has faced short-term volatility, its overall trajectory remains positive in the longer term. The liquidity of the stock appears adequate for trading, as it is liquid enough for a trade size of Rs 0 crore based on 2% of the 5-day average traded value.