Why is Amco India falling/rising?

As of 06-Aug, Amco India Ltd's stock price is currently at Rs 84.50, reflecting an increase of Rs 1.32 or 1.59%. The stock has shown a trend reversal today, gaining after four consecutive days of decline. It reached an intraday high of Rs 87.26, which is a 4.91% increase. Despite this positive movement today, the stock has underperformed in the past week and month, with declines of 8.65% and 15.08%, respectively. However, it has performed well over the past year, with a return of 44.42%. The recent rise in investor participation, with a 50.41% increase in delivery volume compared to the five-day average, indicates growing interest, which may be contributing to the stock's upward movement.
In the broader market context, Amco India's performance has been relatively weak compared to the benchmark Sensex, which has only declined by 1.15% over the past week and 3.46% over the past month. The stock's year-to-date performance shows a slight decline of 1.74%, while the Sensex has gained 3.08% during the same period. This underperformance in the short term, juxtaposed with the stock's strong yearly return, suggests that while there may be short-term volatility, the long-term outlook remains positive. Overall, the stock's recent rise can be attributed to a combination of a trend reversal after a period of decline and increased investor interest, despite its recent underperformance relative to the broader market.