Why is SGN Telecoms falling/rising?

As of 10-Oct, SGN Telecoms Ltd is experiencing a rise in its stock price, currently at 0.72, reflecting an increase of 0.03 or 4.35%. The stock has shown a positive performance today, outperforming its sector by 3.89% and has been on a gaining streak for the last two days, accumulating a total return of 5.88% during this period. In terms of returns, the stock has increased by 7.46% over the past week, while its one-month performance is slightly positive at 1.41%. However, it is important to note that the stock is down 2.70% year-to-date and has seen a significant decline of 21.74% over the past year. The moving averages indicate that the stock is currently above the 5-day, 20-day, and 50-day averages but remains below the 100-day and 200-day averages. There is a noted decline in investor participation, with delivery volume falling by 28.85% against the 5-day average, which could impact future price movements.
In the broader market context, SGN Telecoms' short-term performance has significantly outpaced the Sensex, which has only increased by 1.59% over the past week. This indicates that while the stock is currently gaining, it has not performed as well over longer periods, as evidenced by its year-to-date and one-year returns compared to the benchmark. The overall liquidity of the stock remains adequate for trading, as it is liquid enough for a trade size of Rs 0 crore based on 2% of the 5-day average traded value. However, the falling investor participation could be a concern for sustained upward momentum in the stock price.