Why is Sunita Tools Ltd falling/rising?

As of 24-Sep, Sunita Tools Ltd is experiencing a price increase, currently at Rs 725.05, reflecting a rise of Rs 7.35 or 1.02%. The stock has shown a positive performance today, outperforming its sector by 2.31%, and reached an intraday high of Rs 733, which is a 2.13% increase. However, despite this upward movement, the stock has a mixed performance over the past periods, with a 1-week return of +4.47% but a 1-month decline of -4.72%. Additionally, the stock's delivery volume has decreased significantly by 43% compared to the 5-day average, indicating a potential decline in investor participation, which could impact future price movements.
Broader market context shows that while Sunita Tools Ltd has outperformed the Sensex in the short term, the benchmark index has shown a decline of -1.18% over the past week. Year-to-date, the stock is down -9.77%, contrasting with the Sensex's gain of +4.58%. This suggests that while the stock is currently rising, it has struggled to maintain momentum over a longer period compared to the broader market. The liquidity of the stock remains adequate for trading, but the falling investor participation could pose challenges ahead.