Why is Amkay Products falling/rising?

As of 25-Aug, Amkay Products Ltd is experiencing a price increase, with its current price at Rs 56.00, reflecting a rise of Rs 1.5 or 2.75%. Today's performance indicates that the stock has outperformed its sector by 0.84% and opened with a gain of 2.72%. It reached an intraday high of Rs 56, and despite erratic trading, where it did not trade on 2 days out of the last 20, there has been a notable increase in delivery volume, rising by 45.83% against the 5-day average. The stock's performance over the past week shows a gain of 5.66%, although it has faced declines over the longer term, with a year-to-date drop of 10.26% and a one-year decline of 23.31%. The positive factors contributing to the stock's recent movement include rising investor participation and a favorable performance in the Medical Equipment/Supplies/Accessories sector, which has gained by 2.1%.
Broader Market Context: In comparison to the benchmark, the Sensex, which has gained 0.45% over the past week, Amkay Products Ltd's 5.66% increase indicates a strong short-term performance relative to the broader market. However, the stock's longer-term returns are less favorable, with a year-to-date performance significantly lagging behind the Sensex's 4.48% gain. This contrast highlights the stock's volatility and the challenges it faces in maintaining consistent growth, despite the recent uptick in price and investor interest.