Why is BMW Industries falling/rising?

As of 10-Oct, BMW Industries Ltd has experienced a price increase, with its current price at Rs 44.75, reflecting a rise of 1.76 or 4.09%. The stock has shown a trend reversal, gaining after four consecutive days of decline. It outperformed its sector by 3.64% today and reached an intraday high of Rs 45.44, indicating positive momentum. Despite a year-to-date decline of 16.45% and a one-year drop of 30.36%, the stock has performed well over the last three years, with a return of 62.73%. The recent increase in delivery volume by 28.75% against the five-day average suggests rising investor participation, which may be contributing to the stock's upward movement. However, the absence of specific positive or negative factors limits a comprehensive analysis of the stock's recent performance.
Broader market context indicates that while BMW Industries has outperformed its sector today, its one-week return of 1.04% is lower than the Sensex's return of 1.59%. This suggests that although the stock is experiencing a short-term rebound, it has struggled relative to the broader market in the recent past, particularly over the last month and year. The stock's performance is also below its longer-term moving averages, which may indicate ongoing challenges despite today's positive movement.