Why is SAIL falling/rising?

As of 18-Jul, Steel Authority Of India Ltd. (SAIL) is experiencing a price increase, currently at Rs 136.45, reflecting a rise of 2.85 or 2.13%. The stock has shown strong performance recently, outperforming its sector by 1.81% today and achieving consecutive gains over the last two days with a total return of 2.21% in that period. Additionally, SAIL has performed well over the past month, with a return of 7.44%, while the stock is trading above all its key moving averages. However, it is important to note that despite these positive movements, the stock has generated a negative return of -7.84% over the past year, and its profits have decreased by 28.8%, indicating some underlying challenges.
In the broader market context, SAIL's recent performance contrasts sharply with the Sensex, which has declined by 0.90% over the past week. This indicates that SAIL is not only performing well relative to its historical benchmarks but also gaining traction in a generally unfavorable market environment. The stock's year-to-date return of 20.65% significantly outpaces the Sensex's 4.63%, further highlighting its strength. However, the falling investor participation, with a delivery volume decrease of 26.34% against the five-day average, suggests that while the stock is currently rising, there may be concerns about sustainability in investor interest moving forward.