Why is Associated Cera. falling/rising?

As of 10-Jun, Associated Ceramics Ltd is experiencing a price increase, currently at Rs 229.50, which reflects a rise of Rs 7.2 or 3.24%. The stock has shown a positive trend recently, gaining 8.38% over the last two days and outperforming its sector by 0.55% today. It opened with a gain of 2.56% and reached an intraday high of Rs 233.4. Despite this, the stock has had a challenging year, with a 1Y return of -15.67%. However, it has performed better in the last month with a return of +14.75%. The stock's trading activity indicates a wide range of Rs 21.4, and there has been a notable increase in investor participation, with delivery volume rising by 74.8% against the 5-day average.
In the broader market context, the Sensex has shown a positive return of +2.05% over the past week and +3.70% over the past month, indicating that while Associated Ceramics Ltd has had a strong month, it has underperformed relative to the benchmark in the short term. The stock's performance year-to-date is +1.59%, which is lower than the Sensex's +5.44%. The refractories sector, in which Associated Ceramics operates, has also gained by 2.78%, contributing to the positive sentiment around the stock. Overall, the combination of recent gains, increased trading volume, and sector performance suggests a favorable outlook for the stock despite its longer-term challenges.