Why is SGN Telecoms falling/rising?

As of 03-Jul, SGN Telecoms Ltd is experiencing a price increase, currently at 0.76, reflecting a change of 0.03 or 4.11% upward. Despite a recent one-week decline of 1.30%, the stock has shown a positive performance over the past month with an increase of 8.57%. Today's price summary indicates that SGN Telecoms has outperformed its sector by 2.68%, and there has been a notable rise in investor participation, with delivery volume increasing by 24.82% compared to the five-day average. However, the stock is trading below its moving averages across various time frames, which may suggest some underlying weakness. There are no specific positive or negative factors available to further clarify the stock's recent movement.
In the broader market context, SGN Telecoms' short-term performance over the past week contrasts with the benchmark Sensex, which has declined by only 0.62%. While SGN Telecoms has outperformed the sector today, its year-to-date return of 2.70% lags behind the Sensex's 6.53% gain. This indicates that while the stock is currently rising, it has not kept pace with the overall market trends in the longer term, particularly over the past year where it has decreased by 3.80% compared to the Sensex's increase of 4.07%.