Why is SGN Telecoms falling/rising?

As of 11-Sep, SGN Telecoms Ltd is experiencing a price increase, currently at 0.74, reflecting a rise of 0.03 or 4.23%. The stock has shown strong performance recently, gaining 27.59% over the last six days and outperforming its sector by 4.28% today. In terms of returns, SGN Telecoms has increased by 23.33% over the past week and 15.62% over the past month, while year-to-date performance remains flat at 0.00%. However, it is important to note that the stock has seen a significant decline of 34.51% over the past year. Additionally, there has been a notable decrease in investor participation, with delivery volume falling by 64.35% compared to the five-day average, which may indicate a reduction in buying interest.
Broader Market Context: In comparison to the benchmark Sensex, which has risen by 1.03% over the past week and 1.17% over the past month, SGN Telecoms' short-term performance has significantly outpaced the market. Despite the stock's recent gains, its year-to-date performance is lagging behind the Sensex's 4.36% increase. The stock's moving averages indicate that it is currently above the shorter-term averages but below the 200-day average, suggesting mixed signals regarding its long-term trend. Overall, while SGN Telecoms is currently rising, the broader context of declining investor participation and historical underperformance may temper optimism.