Why is Modipon falling/rising?

As of 18-Sep, Modipon Ltd's stock price is currently at Rs 41.99, reflecting an increase of Rs 1.94 or 4.84%. The stock opened with a gain of 4.84% today and has maintained this price throughout the trading session, indicating strong performance. Over the past week, the stock has outperformed its sector by 4.64%, and its one-month return stands at +7.39%. However, despite these recent gains, the stock has a year-to-date decline of -30.71% and a one-year decline of -32.29%, suggesting significant challenges over a longer time frame. The stock's moving averages indicate that it is currently higher than the 5-day moving average but lower than the longer-term averages, which may reflect mixed investor sentiment. Additionally, there has been a decrease in investor participation, with delivery volume falling by -8.06% against the 5-day average, which could indicate waning interest.
In the broader market context, Modipon's short-term performance of +3.12% over the past week outpaces the benchmark Sensex, which has risen by +1.80% in the same period. This suggests that while Modipon is experiencing a positive short-term trend, it is still underperforming relative to the benchmark over longer periods, particularly year-to-date and year-on-year. The overall market sentiment appears to be more favorable than the stock's long-term performance, which may be contributing to the recent price rise despite the ongoing challenges reflected in its historical returns.