Why is Thomas Scott falling/rising?

As of 30-Jul, Thomas Scott India Ltd's stock price is currently at Rs 328.20, reflecting an increase of Rs 9.85 or 3.09%. Today's price summary indicates that the stock has reversed a five-day trend of consecutive declines, opening with a loss of 4.51% but reaching a day's high of Rs 328.20. Despite this positive movement, the stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Over the past week, the stock has experienced a decline of 7.29%, while its one-month performance shows a drop of 14.26%. However, the company has demonstrated strong financial health with a low Debt to EBITDA ratio and consistent growth in net sales and operating profit, which may contribute to the recent uptick in price.
In the broader market context, the stock has outperformed the Sensex by 2.48% today, despite its negative returns over the past week and month, where the Sensex fell by 1.50% and 2.54%, respectively. Year-to-date, Thomas Scott has underperformed the benchmark, with a decline of 28.92% compared to the Sensex's gain of 4.28%. Nevertheless, the stock has shown impressive long-term performance, with a 750.26% increase over three years and a 21.53% return over the past year, indicating a strong potential for recovery. The rising investor participation, evidenced by a 24.47% increase in delivery volume, suggests renewed interest in the stock, which may further support its price movement.