Why is Bannari Amm Spg. falling/rising?

As of 17-Nov, Bannari Amman Spinning Mills Ltd is experiencing a price increase, with the current price at Rs 28.96, reflecting a change of 3.82 or 15.19% upward. The stock has shown a notable performance today, outperforming its sector by 15.14% and marking a trend reversal after five consecutive days of decline. It reached an intraday high of Rs 29.4, indicating strong buying interest. Additionally, the stock has seen a significant increase in delivery volume, rising by 195.08% compared to the five-day average, suggesting heightened investor participation. However, the stock's year-to-date performance remains negative at -45.87%, and it has underperformed over the past year with a decline of -46.89%.
In the broader market context, the stock's short-term return of +10.07% over the past week significantly outpaces the Sensex, which has only increased by +1.69% during the same period. This indicates that Bannari Amman Spinning Mills Ltd is gaining traction relative to the overall market. Despite its recent gains, the stock's long-term performance remains concerning, with substantial declines over one, three, and five years compared to the benchmark's positive returns. This juxtaposition highlights the stock's volatility and the potential for recovery, driven by recent investor interest and market dynamics.