Why is Sharp India falling/rising?

As of 15-Oct, Sharp India Ltd's stock price is currently at Rs 56.95, reflecting an increase of Rs 2.89, or 5.35%. The stock has shown positive momentum, gaining for the last two days with a total return of 5.44% during this period. It opened today with a significant gain of 9.12% and reached an intraday high of Rs 58.99. Despite this, the stock has experienced high volatility, trading within a wide range of Rs 6.78, and has been performing poorly over the longer term, with a 3-year return of -26.37%. Notably, there has been a rise in investor participation, with delivery volume increasing by 25.41% compared to the 5-day average, indicating growing interest in the stock.
In the broader market context, Sharp India’s short-term performance has not aligned with the benchmark, as it has declined by 0.63% over the past week while the Sensex has gained 1.02%. This divergence highlights the stock's underperformance relative to the market. Additionally, over the past month, Sharp India has seen a decline of 5.40%, contrasting with the Sensex's modest gain of 1.00%. The stock's current upward movement may be attributed to recent trading activity and increased investor interest, despite its longer-term struggles and volatility.