Why is AMD Industries falling/rising?

As of 07-Oct, AMD Industries Ltd is experiencing a significant rise in its stock price, currently at Rs 61.75, reflecting an increase of Rs 5.89 or 10.54%. The stock has outperformed its sector by 10.38% today and opened with a notable gain of 9.11%. It reached an intraday high of Rs 63, marking a 12.78% increase. Over the past week, the stock has shown a return of +12.89%, and over the past month, it has increased by +24.02%. However, there has been a decline in investor participation, with delivery volume falling by 21.45% against the 5-day average, which may indicate a potential concern regarding sustained interest in the stock.
In the broader market context, AMD Industries' recent performance stands out when compared to the Sensex, which has only increased by 2.07% over the past week. This significant outperformance suggests that the stock is gaining traction among investors despite a generally stable market. Year-to-date, AMD has a return of +4.66%, slightly trailing the Sensex's +4.85%. However, the stock's long-term performance shows a stark contrast, with a 1-year decline of -6.44% compared to the Sensex's +1.08%, indicating that while the stock is currently rising, it has faced challenges over a longer timeframe.