Why is Azad India falling/rising?

As of 29-Oct, Azad India Mobility Ltd's stock price is currently at Rs 166.00, reflecting an increase of Rs 6.0 or 3.75%. The stock has shown strong performance today, outperforming its sector by 1.18% and reaching an intraday high of Rs 167.9, which is a 4.94% increase. Over the past week, the stock has risen by 13.93%, and over the past month, it has increased by 20.82%. Additionally, it is trading above all key moving averages, indicating a bullish trend. However, there has been a decline in investor participation, with delivery volume falling by 14.35% compared to the five-day average, which could suggest some caution among investors.
Broader market context indicates that while Azad India Mobility Ltd has significantly outperformed the benchmark Sensex, which has only increased by 0.68% over the past week, the stock's year-to-date return of 26.91% also surpasses the Sensex's 8.78%. The metal sector, in which the company operates, has gained by 2.57%, contributing positively to the stock's performance. Despite the drop in delivery volume, the overall liquidity remains sufficient for trading, suggesting that the stock's upward movement is supported by strong fundamentals and sector performance.