Why is TCI Industries falling/rising?

As of 24-September, TCI Industries Ltd's stock is currently priced at 1,476.95, reflecting an increase of 16.95, or 1.16%. The stock has shown a positive trend recently, gaining for the last three days and achieving a total return of 10.55% during this period. Despite opening with a loss of 4.93% today and touching an intraday low of Rs 1,388.05, the stock has outperformed its sector by 1.59%. However, there has been a notable decline in investor participation, with delivery volume dropping by 80% against the five-day average, which could indicate reduced interest among investors. The stock is currently trading above its moving averages across multiple timeframes, suggesting a bullish trend overall.
In the broader market context, TCI Industries has outperformed the Sensex in the short term, with a one-week return of 5.87% compared to the benchmark's decline of 1.18%. Over the past month, the stock has also shown a strong performance with a return of 13.61%, while the Sensex has only increased by 0.50%. Despite a year-to-date decline of 7.11% against the Sensex's gain of 4.58%, the stock's one-year performance of 12.74% contrasts with the benchmark's drop of 3.77%, indicating resilience in the face of broader market challenges.