Why is ROX Hi-Tech falling/rising?

As of 03-September, ROX Hi-Tech Ltd is experiencing a price increase, currently at 48.20, which reflects a rise of 1.35 or 2.88%. The stock has shown strong performance in the short term, with a 5.59% increase over the past week and a notable 14.90% rise over the past month. However, it is important to note that the stock has significantly underperformed year-to-date and over the past year, with declines of 50.36% and 60.78%, respectively. Today's trading activity indicates that the stock has outperformed its sector by 1.98%, but there is a concerning trend of falling investor participation, as evidenced by an 18.6% drop in delivery volume compared to the 5-day average.
In the broader market context, while ROX Hi-Tech has shown positive short-term returns, the benchmark Sensex has remained relatively flat with a 0.01% increase over the past week. This suggests that while ROX Hi-Tech is gaining traction in the short term, it is still lagging behind the overall market performance when viewed over longer periods. The stock's liquidity appears adequate for trading, but the declining investor participation may raise concerns about sustained interest in the stock moving forward. Overall, the recent price increase may be attributed to short-term momentum, despite the stock's long-term challenges and the lack of available positive or negative dashboard factors to further clarify its recent movements.