Why is BKV Industries falling/rising?

As of 17-Oct, BKV Industries Ltd is experiencing a price increase, with the current price at Rs 10.80, reflecting a rise of Rs 1.01 or 10.32%. The stock has shown strong performance today, outperforming its sector by 10.39% and has gained consecutively over the last two days, accumulating a total return of 14.89% during this period. Although the stock has been volatile, with an intraday high of Rs 10.80 and a low of Rs 9.41, it has maintained trading above its 5-day and 20-day moving averages. However, there is a notable decline in investor participation, as the delivery volume has decreased by 37.46% compared to the 5-day average, indicating a potential concern for sustained upward momentum.
In the broader market context, BKV Industries has outperformed the Sensex over the past week and month, with returns of 7.46% and 7.68%, respectively, compared to the Sensex's 1.76% and 1.52%. Despite this positive short-term performance, the stock has underperformed on a year-to-date basis, down 20.00%, while the Sensex has gained 7.44%. This contrast highlights the stock's recent recovery amidst a challenging longer-term trend, suggesting that while short-term gains are encouraging, the overall performance remains a concern for investors.