Why is Amarjothi Spg. falling/rising?

As of 15-Sep, Amarjothi Spinning Mills Ltd's stock price is currently at Rs 162.15, reflecting an increase of Rs 8.8, or 5.74%. The stock has shown positive momentum, gaining 7.6% over the last two days and outperforming its sector by 5.44% today. It opened with a gain of 2.35% and reached an intraday high of Rs 163.5, indicating strong buying interest. However, the stock has experienced a significant decline year-to-date, down 25.89%, and over the past year, it has fallen by 27.63%. Despite these long-term challenges, the recent short-term performance suggests a potential recovery phase, although there has been a noted decrease in investor participation, with delivery volume falling by 8.3% against the five-day average.
In the broader market context, Amarjothi Spinning Mills Ltd's short-term return of 6.26% over the past week significantly outpaces the Sensex's return of 1.24% during the same period. This indicates that the stock is currently performing well relative to the overall market. However, the year-to-date performance shows a stark contrast, with the stock down 25.89% compared to the Sensex's gain of 4.67%. This divergence highlights the stock's volatility and the challenges it faces in the longer term, despite its recent gains.