Why is Shanthi Gears falling/rising?

As of 28-Aug, Shanthi Gears Ltd. is experiencing a slight increase in its stock price, currently at 553.45, reflecting a change of 0.45 or 0.08% upward. The stock has shown a trend reversal, gaining after three consecutive days of decline. Despite this recent uptick, the stock has underperformed in the short term, with a 1-week return of -6.51% compared to the Sensex's -2.34%. Additionally, the stock's delivery volume has decreased significantly, falling by 39.45% against the 5-day average, indicating a decline in investor participation. However, the company maintains a low debt-to-equity ratio and has demonstrated healthy long-term growth with an annual operating profit increase of 68.91%, which supports a hold recommendation for investors.
In the broader market context, Shanthi Gears' year-to-date performance stands at +9.05%, significantly outperforming the Sensex's +2.48%. However, over the past year, the stock has declined by 10.04%, while the benchmark has only fallen by 2.08%. This suggests that while the stock has had a strong performance in the longer term, it has faced challenges recently, particularly in the short term. The stock's current price movement, while positive, is occurring in a context of overall market volatility, as evidenced by the broader declines in both the stock and the benchmark indices.