Why is Trans Freight falling/rising?

As of 15-Oct, Trans Freight Containers Ltd is experiencing a price increase, with its current price at Rs 25.40, reflecting a rise of Rs 2.45 or 10.68%. The stock has shown a strong performance today, outperforming its sector by 10.56% and achieving a consecutive gain over the last two days, with a total return of 16.67% during this period. It opened with a significant gain of 8.28% and reached an intraday high of Rs 25.49. However, despite these positive movements, the stock has seen a decline of 6.65% over the past month and a substantial drop of 34.32% year-to-date. Additionally, there has been a notable decrease in investor participation, with delivery volume falling by 65.43% against the five-day average, indicating potential concerns about sustained interest in the stock.
In the broader market context, Trans Freight's short-term performance over the past week shows a return of 4.66%, significantly outperforming the Sensex, which only gained 1.02% during the same period. This suggests that while the stock is currently on an upward trajectory, it has faced challenges over longer time frames, particularly year-to-date and year-on-year, where it has underperformed relative to the benchmark. The stock's liquidity remains adequate for trading, but the falling delivery volumes may raise questions about future momentum. Overall, the recent price increase appears to be driven by short-term trading activity rather than a fundamental recovery, as indicated by the mixed performance metrics.