Why is BEML Land Assets falling/rising?

As of 09-Jun, BEML Land Assets Ltd is experiencing a price increase, currently at 229.15, which reflects a rise of 20.25 or 9.69%. The stock has shown strong performance recently, gaining 11.08% over the last two days and outperforming its sector by 9.46% today. It reached an intraday high of Rs 234.8, indicating significant upward momentum. However, despite this positive movement, the stock's delivery volume has decreased by 11.81% compared to the 5-day average, suggesting a decline in investor participation. Additionally, while the stock is trading above its moving averages across various timeframes, the year-to-date performance shows a decline of 1.72%, indicating some underlying weakness over a longer period.
In the broader market context, BEML Land Assets has outperformed the Sensex in the short term, with a weekly return of 11.24% compared to the Sensex's 1.32%. Over the past month, the stock has also shown a strong return of 18.39%, significantly higher than the Sensex's 3.76%. However, it is important to note that the stock has underperformed the benchmark over the year and the last three years, with declines of 12.10% and a lack of data for the three-year period, respectively. This contrast between short-term gains and longer-term underperformance may reflect volatility and investor sentiment that could influence future price movements.