Why is Ambo Agritec falling/rising?

As of 17-Oct, Ambo Agritec Ltd's stock price is rising, currently at Rs 59.00, reflecting an increase of Rs 1.28 or 2.22%. The stock has shown a positive trend recently, gaining for three consecutive days and achieving a total return of 7.29% during this period. It has outperformed its sector by 2.54% today. The stock reached an intraday high of Rs 60.6, although it also experienced a low of Rs 54.84, indicating a wide trading range of Rs 5.76. Notably, the delivery volume has increased significantly, rising by 50% against the 5-day average, suggesting rising investor participation. However, the stock remains below its longer-term moving averages, which may indicate some underlying weakness despite the recent gains.
In the broader market context, Ambo Agritec's short-term performance over the past week shows a return of +0.80%, which is lower than the Sensex's return of +1.76% during the same period. Over the last month, the stock has significantly outperformed the benchmark, with a return of +43.80% compared to the Sensex's +1.52%. Despite the recent positive momentum, the stock is still down 44.16% year-to-date, while the Sensex has gained 7.44% in the same timeframe. This contrast highlights the stock's volatility and the challenges it faces in recovering from its previous losses.