Why is Sir Shadi Lal falling/rising?

As of 23-Sep, Sir Shadi Lal Enterprises Ltd is experiencing a price increase, currently at Rs 238.00, which reflects a rise of Rs 8.0 or 3.48%. Today's price summary indicates that the stock has outperformed its sector by 4.61% and has shown a trend reversal after two consecutive days of decline. The stock opened with a significant gain of 6.09% and reached an intraday high of Rs 244. Despite this positive movement, it is trading below all its moving averages, which suggests some underlying weakness. Additionally, there has been a notable increase in investor participation, with delivery volume rising by 1835.01% compared to the 5-day average, indicating growing interest in the stock. Unfortunately, the Positive and Negative Dashboard data is not available to provide further insights into the factors influencing this movement.
In terms of broader market context, the stock's performance over the past week shows a decline of 1.24%, while the benchmark Sensex has only decreased by 0.34%, indicating that the stock has underperformed relative to the market in the short term. However, over the past month, Sir Shadi Lal has outperformed the Sensex with a return of 3.68% compared to the benchmark's 0.98%. Year-to-date, the stock is down 21.50%, contrasting sharply with the Sensex's gain of 5.07%, highlighting a significant divergence in performance over a longer period. This context suggests that while there may be short-term volatility, the stock has potential for recovery as indicated by today's positive movement.