Why is Muller & Phipps falling/rising?

As of 02-Sep, Muller & Phipps (India) Ltd is experiencing a price increase, currently at Rs 263.80, reflecting a rise of Rs 17.8 or 7.24%. The stock opened with a gain of 4.07% today and reached an intraday high of Rs 263.8. It has outperformed its sector by 7.4%. Additionally, the stock's delivery volume has seen a significant increase of 49.57% against the 5-day average, indicating rising investor participation. However, despite this positive movement, the stock has shown a year-to-date decline of 14.77%, contrasting with the Sensex's gain of 2.58% over the same period.
In the broader market context, the stock's short-term performance over the past week shows a slight decline of 0.45%, which is better than the Sensex's decline of 0.78%. While the stock has outperformed the sector today, its year-to-date performance remains negative compared to the benchmark. The moving averages indicate that while the stock is performing better than the 5-day and 20-day averages, it is still below the longer-term averages of 50, 100, and 200 days, suggesting mixed signals about its longer-term trend. Overall, the recent price rise can be attributed to increased trading activity and positive investor sentiment, despite the stock's overall downward trajectory in the year-to-date performance.