Why is Shoora Designs falling/rising?

As of 11-Aug, Shoora Designs Ltd is experiencing a price increase, currently at 68.20, reflecting a rise of 1.0 or 1.49%. The stock has shown a positive trend, gaining for the last three days with a total return of 10.36% during this period. However, despite this recent uptick, the stock has a year-to-date decline of 5.54%. Notably, the stock's delivery volume has decreased by 37.5% compared to the five-day average, indicating falling investor participation, which may impact future price movements. Additionally, while the stock is trading above its 5-day and 200-day moving averages, it remains below the 20-day, 50-day, and 100-day moving averages, suggesting mixed momentum.
In the broader market context, the Sensex has declined by 0.51% over the past week, while Shoora Designs has outperformed its sector by 1.35% today. Over the past month, the stock has decreased by 1.16%, which is a better performance compared to the Sensex's 2.30% drop. This indicates that while the stock is currently rising, it has faced challenges in the longer term, particularly with a year-to-date performance that lags behind the benchmark index. Overall, the recent gains may be attributed to short-term trading dynamics rather than a strong fundamental shift in investor sentiment.