Why is SAL Automotive falling/rising?

As of 11-Sep, SAL Automotive Ltd is experiencing a price increase, with the current price at 259.90, reflecting a change of 1.15 or 0.44% upward. The stock has been gaining for the last two days, with a total return of 0.76% during this period. It opened with a gain of 2.4% today and reached an intraday high of Rs 264.95. Despite this positive movement, the stock has shown a year-to-date decline of 4.45% and a significant drop of 34.36% over the past year. Additionally, there has been a notable decrease in investor participation, with delivery volume falling by 88.06% against the 5-day average, indicating potential concerns among investors despite the recent gains.
In the broader market context, SAL Automotive's short-term performance has outpaced the Sensex, which recorded a 1.03% increase over the past week compared to the stock's 3.96% rise. This suggests that while the stock is currently performing well relative to the benchmark, its longer-term performance remains weak, particularly over the past year. The stock's moving averages indicate that it is performing better than the 5-day and 20-day averages but is still below the longer-term averages, which may reflect ongoing volatility and uncertainty in investor sentiment.