Why is BITS falling/rising?

As of 15-Oct, BITS Ltd is experiencing a significant rise in its stock price, currently at Rs 9.10, reflecting an increase of 1.51 or 19.89%. The stock has shown strong performance today, outperforming its sector by 19.47% and achieving a consecutive gain over the last two days with a total return of 23.31%. It opened with a gain of 3.16% and reached an intraday high of Rs 9.10. However, despite this positive movement, the stock has been highly volatile today, with an intraday volatility of 7.44%, and there has been a notable decline in investor participation, as the delivery volume has decreased by 30.66% compared to the 5-day average. Unfortunately, there is no information available regarding positive or negative factors that could further explain the stock's recent movement.
Broader Market Context: In the short term, BITS Ltd has outperformed the benchmark Sensex, with a weekly return of 17.72% compared to the Sensex's 1.02%. This indicates that while the stock has been recovering recently, it still faces a significant year-to-date decline of 70.40%, contrasting sharply with the Sensex's positive return of 5.72% over the same period. The stock's performance over the last month has also been positive, with a 2.25% increase, while the Sensex has only gained 1.00%. This suggests that BITS Ltd is currently experiencing a rebound relative to the broader market, despite its long-term struggles.