Why is Sonalis Consumer falling/rising?

As of 31-Jul, Sonalis Consumer Products Ltd is experiencing a price increase, with its current price at Rs 73.92, reflecting a rise of Rs 2.93 or 4.13%. The stock has outperformed its sector by 2.3% today and has reached an intraday high of Rs 73.92. It is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a positive trend. However, there has been a significant drop in investor participation, with delivery volume falling by 48.72% compared to the 5-day average. Over the past week, the stock has gained 3.38%, contrasting with a decline of 1.22% in the Sensex, while it has seen a year-to-date increase of 7.38%, outperforming the benchmark's 3.90% gain.
In the broader market context, the stock's recent performance shows a strong short-term return compared to the Sensex, particularly in the last week. Despite a decline of 7.02% over the past month and a year-over-year drop of 14.31%, the stock's ability to rise today suggests a potential recovery phase, especially as it has outperformed the sector. The overall market sentiment appears mixed, with the Sensex showing a slight decline of 0.68% over the past year, indicating that while Sonalis Consumer is currently rising, it faces challenges in maintaining momentum in the longer term.