Why is Everest Kanto falling/rising?

As of 05-Aug, Everest Kanto Cylinder Ltd's stock price is rising, currently at Rs 133.40, reflecting an increase of Rs 2.6 or 1.99%. The stock has shown a positive performance today, outperforming its sector by 1.6%, and has gained consecutively over the last two days, with a total return of 5.45% during this period. Additionally, the stock reached an intraday high of Rs 134.65, indicating strong upward momentum. The delivery volume has also increased significantly, rising by 32.48% compared to the 5-day average, suggesting heightened investor interest. However, the positive and negative factors section is unavailable, which limits further insights into specific influences on the stock's movement.
In the broader market context, the stock's short-term return of +1.29% over the past week contrasts with the Sensex, which has declined by 0.77%. While the stock has underperformed the benchmark over longer periods, such as a 1-month return of -2.41% compared to the Sensex's -3.26%, the recent short-term gains indicate a potential recovery phase. Overall, despite the stock's significant year-to-date decline of -27.91%, the recent positive performance suggests a shift in investor sentiment, at least in the short term.