Why is SGN Telecoms falling/rising?

As of 08-Sep, SGN Telecoms Ltd is experiencing a price increase, currently at 0.65, reflecting a change of 0.02 or 3.17% upward. The stock has shown a strong performance today, outperforming its sector by 2.98% and achieving consecutive gains over the last three days, resulting in a total return of 12.07% during this period. However, despite this positive movement, the stock's year-to-date performance remains negative at -12.16%, and it has significantly underperformed over the past year with a decline of -38.10%. Additionally, there has been a notable decrease in investor participation, with delivery volume dropping by 68.69% against the 5-day average, which may indicate a lack of sustained interest despite the recent gains.
Broader market context shows that SGN Telecoms' short-term return of +3.17% over the past week significantly outpaces the Sensex, which has only increased by 0.53% in the same timeframe. This suggests that while SGN Telecoms is currently gaining traction, the overall market sentiment remains mixed, as evidenced by the Sensex's modest performance and the stock's longer-term struggles compared to the benchmark. The stock's liquidity appears adequate for trading, but the falling delivery volume could raise concerns about the sustainability of its recent price movements.