Why is SJS Enterprises falling/rising?

As of 07-Aug, S J S Enterprises Ltd is experiencing a price increase, currently at 1,168.95, reflecting a rise of 17.85 or 1.55%. The stock has shown a trend reversal today, gaining after two consecutive days of decline. It outperformed its sector by 2.55% and reached an intraday high of Rs 1175.3, which is a 2.1% increase. However, the stock's delivery volume has significantly decreased by 60.52% compared to the 5-day average, indicating a drop in investor participation. Over the past week, the stock has declined by 5.46%, while it has increased by 23.82% over the past year, suggesting a strong long-term performance despite recent short-term volatility.
In the broader market context, S J S Enterprises has underperformed the Sensex over the past week and month, with declines of 5.46% and 6.50%, respectively, compared to the Sensex's losses of 0.69% and 3.38%. However, year-to-date, the stock has a modest gain of 1.41%, while the Sensex has increased by 3.18%. This indicates that while the stock is currently rising, it has faced challenges in the short term relative to the benchmark. The liquidity of the stock remains adequate for trading, which may support its price movement moving forward.