Why is Tamboli Industri falling/rising?

As of 07-Jul, Tamboli Industries Ltd is experiencing a price increase, currently at Rs 175.50, which reflects a rise of Rs 3.5 or 2.03%. The stock has shown a positive trend today, gaining after two consecutive days of decline. It opened with a significant gain of 4.51% and reached an intraday high of Rs 179.75. Additionally, the stock is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a strong upward momentum. The recent performance also highlights that the stock has outperformed its sector by 2.03% today. Over the past week, it has increased by 2.42%, while over the past month, it has risen by 4.46%. However, it is important to note that the stock is down 14.05% year-to-date, despite a strong 37.43% increase over the past year.
In the broader market context, the Sensex has shown a slight decline of 0.20% over the past week, while Tamboli Industries has outperformed this benchmark. The stock's recent upward movement can be attributed to rising investor participation, with delivery volume increasing by 16.69% compared to the 5-day average. This suggests a growing interest among investors, contributing to the stock's liquidity and positive price action. Overall, while the stock has faced challenges year-to-date, its recent performance indicates a potential recovery phase, contrasting with the broader market's recent struggles.