Why is Steel City Sec. falling/rising?

As of 06-Aug, Steel City Securities Ltd is currently priced at 105.99, reflecting an increase of 2.36 or 2.28%. The stock has shown a performance today that outperformed its sector by 2.54%. It has not experienced any consecutive falls recently, maintaining a stable position with no returns lost in the last period. The stock reached an intraday high of Rs 116, indicating significant trading activity, although it has also traded in a wide range of Rs 11.7. Additionally, the stock's delivery volume has increased by 71.28% against the 5-day average, suggesting rising investor participation. The stock is currently above its 100-day and 200-day moving averages but below its shorter-term moving averages, indicating mixed momentum. The high dividend yield of 3.8% at the current price may also attract investors.
In the broader market context, Steel City Securities Ltd has underperformed compared to the Sensex over the past week and month, with returns of -2.44% and -4.00%, respectively, while the Sensex has declined by only -1.13% and -3.48%. However, over the longer term, the stock has outperformed the benchmark significantly, with a 1-year return of +21.35% compared to the Sensex's +2.42%, and a remarkable 3-year return of +88.09% against the Sensex's +41.25%. This suggests that while the stock may be facing short-term challenges, its long-term performance remains strong, which could be contributing to the recent price rise.