Why is Salora Intl. falling/rising?

As of 17-Jul, Salora International Ltd's stock price is currently at Rs 46.99, reflecting an increase of Rs 2.29 or 5.12%. The stock has shown a strong performance today, outperforming its sector by 4.95% and reaching an intraday high of Rs 47.19, which is a 5.57% increase. Over the past week, the stock has risen by 6.19%, contrasting with a decline of 1.12% in the Sensex. However, despite this recent uptick, the stock has a year-to-date decline of 34.27%, indicating significant challenges over a longer period. Additionally, there has been a decrease in investor participation, with delivery volume falling by 27.53% compared to the 5-day average, which may suggest caution among investors.
Broader Market Context: In the short term, Salora International Ltd has outperformed the benchmark Sensex, which has declined by 1.12% over the past week while the stock has gained 6.19%. This indicates a relative strength in the stock compared to the broader market. However, the stock's year-to-date performance remains concerning, with a significant drop of 34.27% compared to the Sensex's gain of 5.27%. The moving averages indicate that while the stock is performing better than shorter-term averages, it is still below the 200-day moving average, suggesting potential long-term weaknesses that investors may be wary of.