Why is SRM Contractors falling/rising?

As of 07-Aug, SRM Contractors Ltd is experiencing a price increase, currently at 458.55, reflecting a change of 2.6 or 0.57% upward. The stock has shown a trend reversal, gaining after two consecutive days of decline. Despite a recent underperformance over the past week and month, where it fell by 3.67% and 4.95% respectively, the year-to-date return stands at a robust 15.08%, and the one-year return is an impressive 76.81%. The stock is currently trading above its 100-day and 200-day moving averages, although it is below the 5-day, 20-day, and 50-day averages. However, there has been a notable decrease in investor participation, with delivery volume dropping by 28.11% against the 5-day average, indicating a potential concern regarding trading interest.
In the broader market context, SRM Contractors has outperformed its sector by 1.57% today, which may contribute to its positive price movement. When comparing its short-term performance to the benchmark, the stock's 1-week return of -3.67% contrasts with the Sensex's decline of only 0.69%, suggesting that while the stock has faced recent challenges, its overall performance remains strong relative to the benchmark over a longer timeframe. The liquidity of the stock is adequate for trading, based on its average traded value, which supports its current price stability despite the recent fluctuations in delivery volume.