Why is Ahm. Steelcraft falling/rising?

As of 03-Sep, Ahmedabad Steelcraft Ltd is experiencing a price increase, currently at 224.95, reflecting a change of 1.0 (0.45%) upward. The stock has shown strong performance recently, gaining 13.61% over the last three days and opening with a significant gain of 4.49% today. However, it has also demonstrated high volatility, with an intraday range of Rs 28.2 and a day’s low of Rs 205.8, indicating fluctuations in investor sentiment. Despite these gains, the stock underperformed its sector by 0.45% today, and there has been a notable decline in investor participation, with delivery volume falling by 34.22% against the 5-day average. The absence of specific positive or negative factors makes it challenging to pinpoint the exact reasons behind the stock's movement.
Broader market context shows that while Ahmedabad Steelcraft has outperformed the Sensex over the past week with a return of +12.93% compared to the benchmark's -0.27%, its year-to-date performance remains negative at -15.42%, contrasting with the Sensex's positive return of +3.11%. This divergence highlights the stock's recent strength in the short term, even as it struggles to maintain momentum over a longer horizon. The stock's performance relative to the benchmark indicates that it is currently gaining traction, but the broader market conditions and declining investor participation may pose challenges moving forward.