Why is Alfa Ica (I) falling/rising?

As of 19-Nov, Alfa Ica (India) Ltd's stock price is currently at 83.70, reflecting an increase of 7.16, or 9.35%. Today, the stock opened with a significant gain of 18.88%, reaching an intraday high of Rs 90.99, although it also experienced a low of Rs 75, indicating high volatility with an intraday fluctuation of 9.63%. The stock has outperformed its sector by 9.58% today, and there has been a notable increase in investor participation, with delivery volume rising by 475.17% compared to the 5-day average. However, the stock's performance over the past month shows a decline of 5.89%, and year-to-date, it is down 13.62%, despite a strong 3-year return of 112.44%.
In the broader market context, the Sensex has shown a positive return of 0.85% over the past week and 1.47% over the past month, contrasting with Alfa Ica's recent decline in the same periods. While the stock has seen a short-term rise today, its longer-term performance remains under pressure compared to the benchmark, which has gained 9.02% year-to-date. This suggests that despite today's positive movement, the stock's overall trend may still be influenced by broader market conditions and investor sentiment.