Why is Sunita Tools Ltd falling/rising?

As of 24-Jul, Sunita Tools Ltd is experiencing a price increase, with the current price at Rs 800.00, reflecting a rise of Rs 29.0 or 3.76%. The stock has shown positive momentum, having gained for the last two consecutive days, resulting in a total return of 3.9% during this period. Additionally, it has outperformed its sector by 4.2%. However, despite these gains, the stock's year-to-date performance is down by 0.45%, and its one-year return is also negative at -1.48%. Notably, the delivery volume has decreased significantly, falling by 35.19% compared to the five-day average, indicating a decline in investor participation.
In the broader market context, Sunita Tools Ltd's short-term performance over the past week shows a return of 2.30%, which contrasts with the Sensex, which has slightly declined by 0.09%. This indicates that while the stock is performing well relative to the benchmark in the short term, its longer-term performance remains weaker compared to the Sensex, which has gained 5.18% year-to-date. The stock's moving averages suggest it is currently above the 5-day, 50-day, 100-day, and 200-day averages, but below the 20-day average, which may indicate mixed signals regarding its trend. Overall, the combination of recent gains and declining investor participation could suggest a cautious outlook moving forward.