Why is Shri Balaji falling/rising?

As of 29-Aug, Shri Balaji Valve Components Ltd is experiencing a price increase, with the current price at Rs 103.90, reflecting a rise of 2.85 (2.82%). Today's price summary indicates that the stock opened with a gain of 2.82% and has maintained this price throughout the trading session. Despite this positive movement today, the stock has underperformed over the past week and month, with declines of 6.73% and 6.02%, respectively. Additionally, the stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, suggesting a longer-term downward trend. However, there has been a rise in investor participation, with delivery volume increasing by 7.14% compared to the 5-day average, indicating some renewed interest in the stock.
In the broader market context, the stock's recent performance contrasts with the benchmark Sensex, which has declined by only 1.84% over the past week and 1.88% over the past month. This suggests that while Shri Balaji is experiencing a short-term uptick, it has significantly lagged behind the benchmark in terms of overall performance, particularly year-to-date, where it has dropped 35.06% compared to the Sensex's gain of 2.14%. The liquidity of the stock appears adequate for trading, as it is liquid enough for a trade size of Rs 0 crore based on 2% of the 5-day average traded value. Overall, the stock's rise today may be attributed to short-term trading dynamics rather than a reversal of its longer-term negative trend.