Why is Thinking Hats falling/rising?

As of 24-Jul, Thinking Hats Entertainment Solutions Ltd is experiencing a price increase, with the current price at 29.50, reflecting a change of 0.5 or 1.72% upward. The stock has outperformed its sector today by 5.78%, indicating positive movement despite its recent performance, which shows a decline of 1.34% over the past week and 2.64% over the past month. The stock's delivery volume has risen significantly, with a 36.36% increase compared to the 5-day average, suggesting growing investor interest. However, the stock remains below its longer-term moving averages, specifically the 50-day, 100-day, and 200-day averages, which may indicate underlying challenges. There is no information available regarding positive or negative factors that could further influence the stock's recent movement.
Broader Market Context: In comparison to the benchmark, the Sensex has shown a slight decline of 0.20% over the past week, while Thinking Hats has fallen by 1.34%, indicating that the stock's short-term performance is lagging behind the broader market. Over the year-to-date, Thinking Hats has significantly underperformed, with a decline of 30.83% compared to the Sensex's gain of 5.99%. This stark contrast highlights the challenges faced by the company in the current market environment, despite today's positive price movement.