Why is Facor Alloys falling/rising?

As of 08-Sep, Facor Alloys Ltd is experiencing a price increase, with the current price at 3.74, reflecting a change of 0.42 or 12.65% upwards. The stock has shown strong performance recently, gaining 15.79% over the last two days and outperforming its sector by 8.39%. Additionally, the stock's performance over the past week is notable, with a return of 15.43%, while it has also outperformed the Sensex, which only gained 0.53% during the same period. The stock is currently trading above its 5-day, 20-day, 50-day, and 100-day moving averages, indicating positive momentum, although it remains below the 200-day moving average. Rising investor participation is evident, with a significant increase in delivery volume, which has risen by 259.45% against the 5-day average.
In the broader market context, while Facor Alloys has shown impressive short-term returns, it has underperformed on a year-to-date basis, with a decline of 24.90% compared to the Sensex's gain of 3.39%. Over the past year, the stock has also faced challenges, with a loss of 43.25%, while the benchmark has only slightly declined by 0.49%. However, the recent gains in the Ferro & Silica Manganese sector, which rose by 4.49%, may be contributing positively to investor sentiment towards Facor Alloys. Overall, the stock's recent upward movement can be attributed to strong short-term performance, increased trading activity, and favorable sector trends, despite its longer-term underperformance relative to the benchmark.