Why is Atam Valves falling/rising?

As of 03-Nov, Atam Valves Ltd's stock price is currently at Rs 110.00, reflecting an increase of Rs 7.37, or 7.18%. The stock has shown strong performance recently, with a consecutive gain over the last two days resulting in a total return of 15.58%. It opened with a significant gap up of 6.06% today and reached an intraday high of Rs 110.25. Additionally, the stock is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a positive trend. Notably, there has been a substantial increase in investor participation, with delivery volume rising by 384.91% compared to the 5-day average. Unfortunately, the Positive and Negative Factors section is unavailable, which limits a deeper analysis of external influences on the stock's movement.
Broader market context shows that Atam Valves has outperformed the sector by 6.57% today, while the Sensex has experienced a decline of 0.94% over the past week. In the short term, the stock's 1-week return of +23.60% significantly contrasts with the Sensex's -0.94%, highlighting its strong relative performance. However, despite this recent surge, the stock is still down 19.12% year-to-date, suggesting that while there is positive momentum currently, the overall longer-term trend remains negative compared to the broader market.