Why is Sudarshan Pharma falling/rising?

As of 28-Jul, Sudarshan Pharma Industries Ltd is experiencing a price increase, with the current price at 26.42, reflecting a change of 0.42 or 1.62% upward. The stock has shown a trend reversal, gaining after two consecutive days of decline. Despite this recent uptick, it is trading lower than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Additionally, there has been a notable rise in investor participation, with delivery volume on July 25 increasing by 95.01% compared to the 5-day average. Over the past week, the stock has underperformed, declining by 8.90%, while it has also seen a significant year-to-date drop of 40.63%. However, it has performed well over the past year, with a return of 123.90%.
In the broader market context, the Sensex has decreased by 1.59% over the past week and 3.77% over the past month, indicating that the market is facing some downward pressure. Despite Sudarshan Pharma's recent rise, its year-to-date performance starkly contrasts with the Sensex's gain of 3.52%, highlighting the stock's struggles in the current market environment. The liquidity of the stock remains adequate for trading, as it is based on 2% of the 5-day average traded value, allowing for a trade size of Rs 0.03 crore. Overall, while the stock is currently rising, its long-term performance and recent volatility suggest a complex situation influenced by both internal and external factors.