Why is Square Four Pro. falling/rising?

As of 24-Oct, Square Four Projects India Ltd is experiencing a price increase, with its current price at 9.97, reflecting a change of 0.13 or 1.32% upward. The stock has shown strong performance in the short term, with a 1-week return of 6.75% and a 1-month return of 19.83%, significantly outperforming the Sensex, which has only increased by 0.31% and 3.05% over the same periods, respectively. Additionally, the stock is 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 notable decline in investor participation, with delivery volume dropping by 40.23% compared to the 5-day average, which may raise concerns about the sustainability of the current price movement.
In the broader market context, Square Four Projects India Ltd's recent performance contrasts sharply with its year-to-date return of -13.75%, while the Sensex has gained 7.77% during the same period. This disparity highlights the stock's volatility and potential recovery phase, as it has outperformed the benchmark in the short term despite its longer-term struggles. The liquidity of the stock remains adequate, with trading activity reflecting 2% of the 5-day average traded value, which supports ongoing trading interest. Overall, while the stock is currently rising, the significant drop in delivery volume and the negative year-to-date performance suggest caution among investors regarding its future trajectory.