Why is Sharp Investment falling/rising?

As of 17-Jul, Sharp Investments Ltd's stock price is currently at 0.72, reflecting an increase of 0.05, or 7.46%. The stock has shown strong performance today, outperforming its sector by 7.79%. Additionally, the stock's delivery volume has significantly increased, rising by 162.28% compared to the 5-day average, indicating rising investor participation. Over the past week, the stock has gained 4.35%, while its performance over the last month shows a notable increase of 12.50%. However, it is important to note that the stock has experienced a decline of 8.86% year-to-date and a more substantial drop of 15.29% over the past year, suggesting a mixed long-term outlook.
In the broader market context, the Sensex has shown a decline of 1.12% over the past week and a modest increase of 0.83% over the past month. This indicates that Sharp Investments Ltd has outperformed the benchmark in the short term, which may contribute to the positive sentiment surrounding the stock. Despite its recent gains, the stock has underperformed the benchmark over longer periods, including a significant decline of 64.00% over three years compared to the Sensex's increase of 53.01%. This contrast highlights the stock's volatility and the challenges it has faced in the broader market, even as it experiences a short-term rebound.