Why is Bhilwara Spinner falling/rising?

As of 07-Oct, Bhilwara Spinners Ltd is experiencing a price increase, currently at Rs 117.20, reflecting a rise of 9.0 points or 8.32%. Today's performance indicates a trend reversal as the stock has gained after two consecutive days of decline. It outperformed its sector by 9.8%, reaching an intraday high of Rs 118.2. However, the stock's recent performance shows a decline of 4.72% over the past month and a significant drop of 21.34% year-to-date. Additionally, there has been a notable decrease in investor participation, with delivery volume falling by 52.27% compared to the five-day average, which may indicate reduced confidence among investors.
Broader market context shows that while Bhilwara Spinners has outperformed its sector today, its one-week return of 1.69% is lower than the Sensex's return of 2.07%. The stock's long-term performance remains strong, with a 207.21% increase over three years, but it has struggled in the short term compared to the benchmark. The liquidity of the stock appears adequate for trading, but the moving averages suggest mixed signals, as it is above the five-day average yet below the longer-term averages. Overall, while the stock is rising today, the broader context indicates ongoing challenges that may affect future performance.