Why is Shine Fashions falling/rising?

As of 16-Oct, Shine Fashions (India) Ltd is experiencing a price increase, currently at Rs 45.10, reflecting a rise of 4.1 or 10.0%. The stock has shown a strong performance today, outperforming its sector by 9.17% and opening with a significant gain of 9.73%. However, despite this positive movement, the stock has been trading lower than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a potential weakness in its overall trend. Additionally, there has been a notable decline in investor participation, with delivery volume dropping by 80.52% compared to the 5-day average, which could suggest a lack of sustained interest from investors.
In the broader market context, Shine Fashions' short-term return over the past week is +0.22%, which is significantly lower than the Sensex's return of +1.58% during the same period. While the stock has performed well over the past month with a return of +9.47% compared to the Sensex's +1.32%, its year-to-date performance remains negative at -7.63%, contrasting with the Sensex's positive return of +6.82%. This mixed performance highlights the stock's volatility and the challenges it faces in maintaining momentum, especially in light of the erratic trading patterns observed over the last 20 days.