Why is Transglobe Foods falling/rising?

As of 12-Jun, Transglobe Foods Ltd is experiencing a price increase, currently at Rs 179.10, reflecting a rise of Rs 8.5 or 4.98%. The stock has shown strong performance today, outperforming its sector by 7.09% and achieving a consecutive gain over the last four days, with a total return of 21.46% during this period. It opened with a significant gain of 4.92% and reached an intraday high of Rs 179.1. However, despite this positive movement, the stock's delivery volume has seen a drastic decline of 94.05% compared to the five-day average, indicating falling investor participation. Additionally, while the stock is currently trading higher than its five-day moving average, it remains below its longer-term moving averages, suggesting mixed signals regarding its momentum.
In the broader market context, the stock's one-week return of 15.51% significantly outpaces the Sensex's modest gain of 0.31%, highlighting its strong short-term performance relative to the benchmark. However, the stock has underperformed year-to-date with a decline of 13.65%, contrasting with the Sensex's increase of 4.55%. This disparity indicates that while the stock is currently on an upward trajectory, its longer-term performance remains a concern. Overall, the recent gains appear to be driven by short-term trading dynamics rather than sustained investor confidence, as evidenced by the drop in delivery volume and the mixed signals from moving averages.