Why is Thacker & Co. falling/rising?

As of 04-Jul, Thacker & Company Ltd's stock price is rising, currently at 1,670.00, reflecting an increase of 45.0 or 2.77%. Today's price summary indicates that the stock has outperformed its sector by 10.48% and has experienced a trend reversal, gaining after eight consecutive days of decline. Over the last month, the stock has shown a significant increase of 24.18%, although it has a year-to-date decline of 15.44%. The company has a low debt-to-equity ratio and has consistently generated returns over the last three years, outperforming the BSE500 in each of the last three annual periods. However, it faces challenges with poor long-term growth, as net sales have decreased at an annual rate of -2.38% over the last five years, and its valuation appears expensive compared to peers.
In the broader market context, the stock's short-term performance contrasts with the benchmark Sensex, which has seen a decline of 0.74% over the past week. Despite the stock's recent gains, the overall trading activity in the sector has fallen by 7.72%, and there has been a notable decrease in investor participation, with delivery volume dropping by 37.83% against the five-day average. This suggests that while Thacker & Company Ltd is experiencing a temporary rise, the broader market conditions and declining trading activity may pose challenges for sustained growth.