Why is Ameya Precision falling/rising?

As of 20-Oct, Ameya Precision Engineers Ltd is experiencing a price increase, with its current price at 102.35, reflecting a rise of 4.8 or 4.92%. The stock has outperformed its sector today by 4.26%, indicating strong performance relative to its peers. Additionally, the stock's delivery volume has seen a significant increase of 66.67% compared to the 5-day average, suggesting rising investor participation. While the stock is currently above its 5-day and 20-day moving averages, it remains below its longer-term moving averages, indicating mixed signals regarding its trend. Year-to-date, the stock has underperformed with a decline of 11.96%, contrasting with the Sensex's gain of 9.30%.
In the broader market context, the stock's short-term performance over the past week shows a modest gain of 1.24%, which is lower than the Sensex's increase of 2.44%. This indicates that while Ameya Precision is experiencing a positive movement today, it has not kept pace with the overall market trend in the short term. The stock's performance over the past month also reflects a slight gain of 1.19%, again underperforming compared to the Sensex's 2.04% increase. Overall, while there are positive signs in today's trading, the stock's longer-term performance remains challenged compared to the benchmark.