Why is BSL falling/rising?

As of 15-Oct, BSL Ltd's stock price is currently at 172.90, reflecting an increase of 12.8, or 8.0%. The stock has shown a positive trend today, having outperformed its sector by 7.02% and reversing a two-day decline. It opened with a gain of 2.44% and reached an intraday high of Rs 186.75, marking a 16.65% increase. The stock has also demonstrated significant volatility, with an intraday volatility of 6.32%, and a notable rise in investor participation, as evidenced by a 443.45% increase in delivery volume compared to the five-day average. However, the stock's year-to-date performance remains negative at -36.64%, contrasting with the Sensex's positive return of 5.72%.
In the broader market context, BSL's short-term performance over the past week shows a return of +7.69%, significantly outperforming the Sensex's +1.02% during the same period. This indicates a strong recovery relative to the benchmark, despite the stock's longer-term struggles, including a -19.95% return over the past year. The liquidity of the stock appears adequate for trading, which may contribute to its recent upward movement. Overall, while the stock is experiencing a positive day, its longer-term performance remains a concern, highlighting the volatility and mixed sentiment surrounding BSL Ltd.