Why is Vels Film falling/rising?

As of 08-Jul, Vels Film International Ltd is experiencing a price increase, currently at 68.40, reflecting a change of 2.85 or 4.35% upward. The stock has outperformed its sector by 3.26% today, and the delivery volume has significantly increased by 105.88% compared to the 5-day average, indicating rising investor participation. In terms of returns, the stock has shown a 1.79% increase over the past week, while it has a year-to-date return of 71.00%, significantly outperforming the Sensex, which has only gained 7.94% in the same period. However, it is important to note that the stock's performance over the past month has been negative, with a decline of 20.33%.
In the broader market context, Vels Film's recent short-term performance contrasts with the Sensex, which has seen a slight decline of 0.08% over the past week. While the stock has shown strong year-to-date and one-year returns, the recent monthly downturn suggests volatility that may be affecting investor sentiment. The stock's current trading above its 5-day and 200-day moving averages indicates some bullish momentum, but it remains below its 20-day, 50-day, and 100-day moving averages, suggesting mixed signals in the short term. Overall, the combination of increased trading activity and strong year-to-date performance contributes positively to the stock's recent rise, despite the recent monthly decline.