Why is Swadeshi Polytex falling/rising?

As of 25-Aug, Swadeshi Polytex Ltd is experiencing a price increase, with its current price at Rs 67.25, reflecting a change of 1.2 (1.82%) upward. The stock has shown strong performance recently, gaining 19.96% over the last six days and outperforming its sector by 2.45% today. It opened with a significant gain of 4.92% and reached an intraday high of Rs 69.35. However, despite this positive movement, there has been a notable decline in investor participation, with delivery volume dropping by 76.92% against the five-day average, indicating potential concerns about sustainability in this upward trend. The stock's year-to-date performance shows a decline of 27.04%, contrasting sharply with its impressive three-year return of 75.13%.
In the broader market context, Swadeshi Polytex's recent short-term return of 18.38% over the past week significantly outpaces the Sensex, which only increased by 0.45% during the same period. This indicates that while the stock is currently on an upward trajectory, it has struggled over the longer term, as evidenced by its year-to-date decline compared to the Sensex's gain of 4.48%. The stock's performance relative to the benchmark suggests that it is experiencing a temporary rally, but the long-term outlook remains challenging given its substantial losses over the past year and year-to-date.