Why is Mohit Industries falling/rising?

As of 20-Oct, Mohit Industries Ltd is experiencing a price increase, currently at 34.39, reflecting a rise of 0.99 or 2.96%. The stock has shown a positive performance today, outperforming its sector by 2.77%. Additionally, it is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a strong upward trend. However, there is a notable decline in investor participation, with delivery volume dropping by 60.35% against the 5-day average, which may raise concerns about sustainability in the price increase. Year-to-date, the stock is down 22.88%, but it has shown significant growth over the past year with a return of 26.76%.
In the broader market context, the stock's short-term return over the past week is +1.51%, which is lower than the benchmark Sensex's return of +2.47%. This suggests that while Mohit Industries is currently rising, it is lagging behind the overall market performance. The stock's year-to-date performance contrasts sharply with the Sensex, which has gained 7.97% during the same period. Despite the recent uptick in price, the overall trend indicates that Mohit Industries has struggled to keep pace with broader market gains, particularly in the year-to-date comparison.