Why is Agarwal Float falling/rising?

As of 04-Aug, Agarwal Float Glass India Ltd is experiencing a price increase, currently at Rs 61.75, which reflects a rise of Rs 1.75 or 2.92%. Today's price summary indicates that the stock opened with a gain of 3.5% and reached an intraday high of Rs 62.1. Despite this positive movement, the stock has shown a decline of 1.52% over the past week and a significant drop of 33.49% over the past year. Additionally, there has been a notable decrease in investor participation, with delivery volume falling by 73.68% against the 5-day average, which may indicate a lack of confidence among investors despite today's gains.
Broader market context shows that while Agarwal Float has outperformed its sector by 1.92% today, its 1-month return of 28.65% contrasts sharply with the Sensex, which has declined by 2.90% in the same period. This suggests that the stock's recent rise may be driven by specific company factors rather than broader market trends, as the stock has underperformed the benchmark significantly over the year-to-date and one-year periods. Overall, the stock's current upward movement appears to be a short-term reaction rather than a reflection of sustained investor confidence.