Why is Bondada Engineer falling/rising?

As of 10-Oct, Bondada Engineering Ltd's stock price is currently at Rs 417.05, reflecting an increase of Rs 23.25, or 5.9%. The stock has shown a positive trend today, outperforming its sector by 5.92% and reversing a decline after two consecutive days of falling prices. It reached an intraday high of Rs 425, indicating strong intraday performance despite a wide trading range of Rs 38.9. However, the stock's delivery volume has decreased by 24.71% compared to the 5-day average, suggesting a decline in investor participation. Year-to-date, the stock is down 31.25%, contrasting with a 5.58% increase in the Sensex, highlighting its underperformance over a longer period.
In the broader market context, Bondada Engineering's short-term return of 8.54% over the past week significantly outpaces the Sensex's gain of 1.59%, indicating a strong recovery relative to the market. Despite this positive short-term performance, the stock's year-to-date and one-year returns remain negative, which may reflect underlying challenges that investors are cautious about. The stock's moving averages indicate that while it is performing better than the shorter-term averages, it still lags behind the longer-term averages, suggesting potential volatility ahead.