Why is Shanthi Gears falling/rising?

As of 18-Aug, Shanthi Gears Ltd. is currently priced at 553.85, reflecting a rise of 1.45 (0.26%). The stock has been gaining for the last three days, with a total return of 0.76% during this period. However, it has underperformed its sector by 3.04%. In terms of longer-term performance, the stock has shown a 6.82% increase over the past month and a notable 9.13% increase year-to-date, despite a decline of 5.90% over the past year. The company benefits from a low debt-to-equity ratio and a healthy long-term growth rate in operating profit, which has grown at an annual rate of 68.91%. These factors contribute positively to the stock's recent upward movement.
In the broader market context, the Sensex has increased by 0.83% over the past week, while Shanthi Gears has only gained 0.44% in the same timeframe, indicating a slight underperformance relative to the benchmark. However, the stock's performance over the last three years has significantly outpaced the Sensex, with a return of 129.29% compared to the benchmark's 34.79%. The auto ancillary sector has also seen a gain of 3.31%, which may provide a supportive environment for Shanthi Gears despite its recent underperformance against the sector. Overall, the combination of rising investor participation and the stock's position above key moving averages suggests a positive outlook, even as it faces some short-term challenges.