Why is Sarthak Industri falling/rising?

As of 07-Nov, Sarthak Industries Ltd is currently priced at 34.46, reflecting an increase of 0.4, or 1.17%. The stock has shown a trend reversal by gaining after two consecutive days of decline. Despite this recent uptick, it is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a generally bearish trend. Notably, the stock has outperformed its sector by 1.63% today, and there has been a significant rise in investor participation, with delivery volume increasing by 94.47% compared to the 5-day average. Over the past year, Sarthak Industries has delivered a strong performance with a return of 37.84%, significantly outpacing the Sensex's 4.62% increase.
In the broader market context, Sarthak Industries has experienced a decline of 7.59% over the past week, while the Sensex has only fallen by 0.86%. This indicates that the stock has underperformed relative to the benchmark in the short term. However, year-to-date, Sarthak Industries has outperformed the Sensex, with a return of 15.25% compared to the benchmark's 6.50%. The liquidity of the stock is adequate for trading, as it is based on 2% of the 5-day average traded value. Overall, while the stock is currently rising, its recent performance relative to longer-term trends and benchmarks suggests a mixed outlook.