Why is Bharat Wire falling/rising?

As of 28-Oct, Bharat Wire Ropes Ltd's stock price is rising, currently at Rs 217.50, reflecting an increase of Rs 10.6 or 5.12%. The stock has shown strong performance recently, gaining 26.12% over the last two days and outperforming its sector by 6.22% today. It opened with a gain of 3.79% and reached an intraday high of Rs 229.45, which is a 10.9% increase. Additionally, the stock is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bullish trend. The delivery volume on 27 October surged by 4727.5% compared to the 5-day average, suggesting rising investor participation. Unfortunately, there is no information available regarding positive or negative factors that could further explain the stock's recent movement.
In the broader market context, Bharat Wire Ropes Ltd has significantly outperformed the Sensex over the past week and month, with returns of +22.60% and +38.05%, respectively, compared to the Sensex's +0.24% and +5.22%. This stark contrast highlights the stock's strong momentum relative to the benchmark index, indicating that investor sentiment towards Bharat Wire is particularly favorable at this time. Despite a year-to-date return of +2.50%, which lags behind the Sensex's +8.30%, the recent performance suggests a positive shift in market perception.