Why is Smartlink Hold. falling/rising?

As of 08-Sep, Smartlink Holdings Ltd has experienced a price increase, with the current price at Rs 149.00, reflecting a change of 1.1 (0.74%) upward. The stock has shown a performance today that outperformed its sector by 3%, indicating positive investor sentiment. Additionally, the stock has traded in a narrow range of Rs 1.45, and there has been a significant increase in delivery volume, rising by 224.64% against the 5-day average. However, the stock's moving averages indicate that while it is higher than the 5-day and 20-day moving averages, it remains lower than the 50-day, 100-day, and 200-day moving averages. The year-to-date performance shows a decline of 24.29%, and over the past year, the stock has fallen by 45.18%, which suggests ongoing challenges despite today's positive movement.
In the broader market context, the stock's short-term return of +0.68% over the past week has outperformed the benchmark Sensex, which has increased by 0.53%. Over the past month, Smartlink Holdings Ltd has also outperformed the Sensex, with a return of +4.34% compared to the benchmark's +1.16%. However, the stock's year-to-date and one-year performance indicates significant underperformance relative to the broader market, which has seen a modest gain of 3.39% year-to-date and a slight decline of 0.49% over the past year. This contrast highlights the stock's recent positive movement amid a backdrop of longer-term struggles.