Why is Thinking Hats falling/rising?

As of 15-Jul, Thinking Hats Entertainment Solutions Ltd is experiencing a price increase, with its current price at 30.20, reflecting a rise of 1.4 or 4.86%. The stock has outperformed its sector today by 4.65%, although it is currently above its 5-day and 20-day moving averages but below its longer-term moving averages (50-day, 100-day, and 200-day). Despite this positive movement, there has been a notable decline in investor participation, with delivery volume falling by 40% compared to the 5-day average. Over the past week, the stock has gained 4.86%, contrasting with a decline of 15.29% over the past month, indicating a recent recovery after a period of underperformance.
In the broader market context, the Sensex has decreased by 1.28% over the past week, which highlights that Thinking Hats' recent gains are occurring against a backdrop of a declining benchmark. While the stock has shown a positive short-term return, it has significantly underperformed the Sensex year-to-date, with a decline of 29.19% compared to the benchmark's increase of 6.56%. This suggests that while the stock is currently rising, it is still facing challenges in the longer term, as indicated by its substantial drop over the past month and year-to-date.