Why is W H Brady falling/rising?

As of 22-Aug, W H Brady & Co Ltd's stock price is currently at 700.00, reflecting an increase of 45.0 or 6.87%. Today's price summary indicates that the stock has outperformed its sector by 7.26% and has experienced a trend reversal, gaining after three consecutive days of decline. The stock reached an intraday high of Rs 718, marking a 9.62% increase. Despite this positive movement, it is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Over the past year, the stock has generated a return of 12.05%, outperforming the BSE500 in each of the last three annual periods, which is a positive indicator of its long-term performance. Additionally, the company maintains a low debt-to-equity ratio, which is favorable for investors.
In the broader market context, the stock has underperformed the Sensex in the short term, with a 1-week return of -2.91% compared to the Sensex's +0.88%. Over the last month, W H Brady has seen a significant decline of 21.79%, while the benchmark has only decreased by 1.07%. However, the rising investor participation, with a notable increase in delivery volume, suggests growing interest in the stock, which may contribute to its recent price rise. Overall, while the stock has faced challenges in the short term, its consistent returns over the past three years and strong fundamentals provide a foundation for its current upward movement.