Why is ROX Hi-Tech falling/rising?

As of 22-Sep, ROX Hi-Tech Ltd's stock price is currently at 50.50, reflecting an increase of 3.5, or 7.45%. The stock has shown a strong performance today, outperforming its sector by 7.69%. Additionally, it has been performing well over the past week and month, with returns of +6.20% and +7.91%, respectively. However, it is important to note that the stock has experienced significant declines year-to-date and over the past year, with losses of 47.99% and 56.35%. The stock's moving averages indicate that it is currently higher than the 5-day, 20-day, 50-day, and 100-day moving averages, but lower than the 200-day moving average. Despite this positive price movement, there has been a notable decline in investor participation, with delivery volume falling by 46.81% against the 5-day average, which could indicate a lack of sustained interest.
Broader Market Context: In comparison to the benchmark, the Sensex has shown modest gains of 0.53% over the past week and 1.34% over the past month, while ROX Hi-Tech has significantly outperformed these metrics. The stock's year-to-date performance is starkly negative compared to the Sensex's positive return of 6.59%, highlighting the challenges faced by ROX Hi-Tech in the longer term. The liquidity of the stock appears adequate for trading, as it is based on 2% of the 5-day average traded value. Overall, while the stock is experiencing a short-term rise, the broader context of its long-term performance and declining investor participation suggests caution.