Why is SAL Automotive falling/rising?

As of 06-Aug, SAL Automotive Ltd's stock price is currently at Rs 256.95, reflecting an increase of Rs 6.85 or 2.74%. The stock has shown a trend reversal today, gaining after two consecutive days of decline. It opened with a gain of 3.16% and reached an intraday high of Rs 261.9, which is a 4.72% increase. Despite this positive movement, the stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Over the past week, the stock has decreased by 3.04%, and year-to-date, it has fallen by 5.53%. However, it has outperformed its sector by 5.28% today, and there has been a notable increase in investor participation, with delivery volume rising by 56.3% compared to the 5-day average.
In the broader market context, SAL Automotive's recent performance contrasts with the Sensex, which has only declined by 1.15% over the past week. While the stock has seen a short-term uptick, its longer-term performance remains concerning, with a year-over-year decline of 9.04% compared to the Sensex's increase of 2.48%. The auto ancillary sector has also faced challenges, falling by 2.58%, which may contribute to the stock's volatility. Overall, while there are signs of recovery today, the stock's recent history and sector performance suggest a cautious outlook.