Why is Shoora Designs falling/rising?

As of 11-Sep, Shoora Designs Ltd is experiencing a price increase, currently at Rs 59.85, reflecting a rise of 2.1 or 3.64%. The stock has shown positive momentum, gaining 5.54% over the last two days and outperforming its sector by 4.61% today. It opened with a gain of 3.64% and reached an intraday high of Rs 59.85. However, despite this recent uptick, the stock has seen a significant decline of 12.24% over the past month and 17.11% year-to-date. Additionally, there has been a notable decrease in investor participation, with delivery volume falling by 32.43% compared to the five-day average, indicating potential concerns about sustained interest in the stock.
In the broader market context, Shoora Designs' short-term performance of +5.00% over the past week significantly outpaces the Sensex, which has only increased by 1.03% during the same period. This suggests that while the stock is currently rebounding, it has struggled over longer time frames, with a year-to-date decline of 17.11% compared to the Sensex's gain of 4.36%. The stock's moving averages indicate it is performing better than its five-day average but remains below its longer-term averages, which may reflect ongoing volatility and uncertainty in investor sentiment.