Why is Amic Forging falling/rising?

As of 28-Oct, Amic Forging Ltd's stock price is rising, currently at 1,522.00, reflecting an increase of 45.05 or 3.05%. The stock has shown a positive trend today, outperforming its sector by 2.58% and reversing a two-day decline. It reached an intraday high of Rs 1544.9, which is a 4.6% increase. Additionally, the stock is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a strong upward momentum. The recent delivery volume has also surged by 104.11% compared to the 5-day average, suggesting rising investor participation. Unfortunately, the Positive and Negative Dashboard data is not available to provide further insights into specific factors influencing this movement.
In the broader market context, Amic Forging's short-term performance over the past week shows a return of +2.12%, significantly outperforming the Sensex, which only gained +0.24%. Over the past month, the stock has increased by 5.53%, slightly ahead of the Sensex's 5.22% rise. Year-to-date, Amic Forging has achieved a return of 12.34%, compared to the Sensex's 8.30%, and over the past year, it has risen by 21.76%, while the Sensex has only increased by 5.78%. This consistent outperformance against the benchmark highlights the stock's strong position in the market.