Why is S Chand & Compan falling/rising?

As of 05-Aug, S Chand & Company Ltd's stock price is currently at 216.90, reflecting an increase of 2.7, or 1.26%. The stock has shown a trend reversal, gaining after two consecutive days of decline. It has outperformed its sector by 1.59% today, and there has been a notable rise in investor participation, with delivery volume increasing by 178.18% compared to the five-day average. Although the stock has underperformed in the short term with a 1-week decline of 1.77% and a 1-month decline of 5.76%, it has a solid year-to-date return of 2.53% and a remarkable 3-year return of 55.21%. The stock is currently trading higher than its 100-day and 200-day moving averages, indicating some positive momentum, despite being lower than the shorter-term moving averages.
In the broader market context, the Sensex has also experienced a decline of 0.77% over the past week and 3.26% over the past month, suggesting that the market conditions are somewhat challenging. However, S Chand's performance relative to the benchmark indicates that it is managing to hold its ground better than the overall market in the short term. The high dividend yield of 3.27% at the current price may also attract investors looking for income, contributing to the stock's recent upward movement. Overall, while the stock has faced recent challenges, the combination of improved investor participation and a favorable dividend yield appears to be supporting its price increase.