Why is Ashiana Ispat falling/rising?

As of 18-Nov, Ashiana Ispat Ltd is currently priced at 24.69, reflecting an increase of 1.17 or 4.97%. The stock has shown a strong performance today, having outperformed its sector by 5.8% and achieving a consecutive gain over the last three days, with a total return of 13.52% during this period. Despite opening with a loss of 2.21% today, it reached an intraday high of Rs 24.69. However, the stock's delivery volume has significantly decreased, falling by 87.74% compared to the 5-day average, indicating a decline in investor participation. The stock is currently trading above its moving averages across various time frames, which suggests a positive trend in the short term. Unfortunately, there is no information available regarding positive or negative factors that could further clarify the stock's recent movement.
Broader market context shows that Ashiana Ispat has outperformed the benchmark Sensex in the short term, with a 1-week return of 17.57% compared to the Sensex's 0.96%. Over the past month, the stock has also outperformed the benchmark, with a return of 19.33% against the Sensex's 0.86%. However, the year-to-date performance remains concerning, with the stock down 36.69% while the Sensex has gained 8.36%. This contrast highlights the stock's volatility and potential recovery in the short term, despite its significant losses over the longer term.