Why is Axel Polymers falling/rising?

As of 22-Sep, Axel Polymers Ltd's stock price is currently at Rs 54.00, reflecting an increase of Rs 1.99, or 3.83%. The stock opened with a significant gain of 14.4% today, reaching an intraday high of Rs 59.5, indicating strong positive momentum. Despite this day's performance, the stock has shown a decline of 1.82% over the past week and a year-to-date decrease of 0.46%. However, it has outperformed its sector by 4.53% today, and there has been a notable increase in investor participation, with delivery volume rising by 50.38% compared to the 5-day average. The stock's volatility has been high, with an intraday volatility of 5.78%, suggesting active trading and interest.
In the broader market context, while Axel Polymers has experienced a short-term rise, its recent performance contrasts with the benchmark Sensex, which has gained 0.46% over the past week and 5.15% year-to-date. Over the past month, Axel Polymers has slightly outperformed the benchmark with a 0.19% increase compared to the Sensex's 1.05%. Despite the stock's current upward movement, its longer-term performance remains concerning, with a 16.67% decline over the past year compared to the Sensex's modest drop of 2.82%. This divergence highlights the stock's volatility and the challenges it faces in maintaining consistent growth relative to the broader market.