Why is Andhra Cements falling/rising?

As of 10-Nov, Andhra Cements Ltd is experiencing a price increase, currently at Rs 76.42, which reflects a rise of 3.63 or 4.99%. The stock has shown a strong performance today, outperforming its sector by 5.37% and achieving a consecutive gain over the last two days with an overall return of 8.18%. Despite opening with a loss of 3.68%, it reached an intraday high of Rs 76.42. The stock's performance over the past week shows a gain of 6.88%, although it has faced declines over the past month and year, with returns of -8.02% and -10.69%, respectively. Notably, there has been a significant increase in investor participation, with delivery volume rising by 129.43% against the 5-day average, indicating growing interest in the stock.
In the broader market context, while Andhra Cements has outperformed the Sensex by a considerable margin in the short term, with a 1-week return of 6.88% compared to the Sensex's decline of 0.53%, its longer-term performance remains weaker. Year-to-date, the stock has declined by 9.90%, while the Sensex has gained 6.91%. This contrast highlights the stock's volatility and potential for recovery, particularly given its substantial gains over the past three and five years, where it has outperformed the benchmark significantly. However, the stock's current liquidity and trading volume suggest it remains a viable option for investors despite its mixed performance in the longer term.