Why is Shahlon Silk falling/rising?

As of 17-Jul, Shahlon Silk Industries Ltd is experiencing a price increase, currently at 19.35, with a change of 0.1, representing a rise of 0.52%. The stock has shown a positive trend, gaining for the last two days and achieving a total return of 7.86% during this period. It is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating strong short-term momentum. Additionally, there has been a significant increase in investor participation, with delivery volume rising by 213.48% compared to the 5-day average. While the stock has generated a negative return of -2.96% over the past year and profits have declined by -13.9%, it is trading at a discount compared to its peers, which may attract investors looking for value.
In the broader market context, Shahlon Silk's short-term performance of +0.10% over the past week contrasts with the Sensex, which has declined by -1.12% during the same period. This relative outperformance may indicate that the stock is gaining traction among investors despite broader market challenges. Furthermore, the increase in institutional investor participation, with a 1.76% rise in their stake, suggests growing confidence in the company's potential, even as it faces long-term fundamental weaknesses such as a high Debt to EBITDA ratio and a declining trend in net sales. Overall, the stock's recent upward movement appears to be driven by positive short-term technical factors and increased investor interest, despite underlying concerns regarding its long-term growth prospects.