Why is Divyadhan Recy. falling/rising?

As of 10-Jun, Divyadhan Recycling Industries Ltd is experiencing a significant rise in its stock price, currently at 56.20, reflecting an increase of 8.2 or 17.08%. The stock has outperformed its sector today by 16.98%, and the delivery volume has increased by 40.24% compared to the 5-day average, indicating rising investor participation. Additionally, the stock's performance over the past week shows a remarkable gain of 40.50%, while the one-month return is also strong at 47.89%. However, it is important to note that the stock is still down 25.56% year-to-date, which suggests that while recent movements are positive, the longer-term trend remains a concern.
In the broader market context, the Sensex has only increased by 2.29% over the past week and 4.57% over the past month, highlighting that Divyadhan Recycling's recent performance is significantly stronger than the benchmark. This outperformance may be attracting more investors, contributing to the stock's upward momentum. Despite the positive short-term returns, the stock's year-to-date performance is notably negative compared to the Sensex's gain of 6.17%, indicating that while the current rise is encouraging, the stock has a way to go to recover from its earlier losses.