Why is Srivari Spices & falling/rising?

As of 24-Jul, Srivari Spices & Foods Ltd is experiencing a price increase, with its current price at 181.00, reflecting a rise of 4.65 or 2.64%. The stock has shown strong performance recently, with a 1-week return of +16.40%, significantly outperforming the Sensex, which declined by 0.20%. Additionally, the stock has outperformed its sector by 4.01% today. However, it is important to note that the stock's delivery volume has fallen dramatically, down by 90.08% compared to the 5-day average, indicating a decline in investor participation. The stock is currently trading above its 5-day, 20-day, 50-day, and 100-day moving averages, but below its 200-day moving average, suggesting mixed signals regarding its longer-term trend.
In the broader market context, while Srivari Spices & Foods Ltd has shown impressive short-term returns, the year-to-date performance remains negative at -16.61%, contrasting with the Sensex's positive return of +5.99%. This indicates that while the stock is currently rising, it has struggled over a longer time frame. The recent price increase may be attributed to short-term trading dynamics rather than a fundamental turnaround, as evidenced by the significant drop in delivery volume. Overall, the stock's recent rise appears to be driven by short-term momentum rather than sustained investor confidence.