Why is Birla Precision falling/rising?

As of 13-Nov, Birla Precision Technologies Ltd is experiencing a price increase, with its current price at Rs 48.80, reflecting a change of 4.21 (9.44%) upward. The stock has shown strong performance today, outperforming its sector by 9.04% and has been on a consecutive gain streak for the last two days, accumulating a total return of 11.24% during this period. The stock opened with a significant gain of 4.55% and reached an intraday high of Rs 52.4, marking a rise of 17.52%. Despite this positive movement, there has been a notable decline in investor participation, with delivery volume dropping by 47.29% compared to the 5-day average, which may indicate a potential concern for sustained momentum. Additionally, the stock is trading above its moving averages across various time frames, suggesting a bullish trend.
In the broader market context, Birla Precision's short-term performance over the past week has been impressive, with a return of 11.52%, significantly outpacing the Sensex, which only increased by 1.40% during the same period. However, the stock's year-to-date performance remains negative at -21.64%, contrasting with the Sensex's positive return of 8.11%. This divergence highlights the stock's recent recovery amidst a challenging overall performance for the year. The high volatility observed today, with an intraday volatility of 6.33%, further emphasizes the stock's dynamic trading environment, which could be influenced by both market sentiment and specific company developments.