Why is Facor Alloys falling/rising?

As of 09-Sep, Facor Alloys Ltd's stock price is currently at 3.78, reflecting an increase of 0.04 or 1.07%. The stock has shown strong performance recently, gaining 17.03% over the last three days and outperforming its sector by 3.37% today. Additionally, the stock has returned 15.95% over the past week and 8.93% over the past month, significantly outpacing the Sensex, which has only risen by 1.18% and 1.56% in the same periods, respectively. The stock's moving averages indicate a positive trend, as it is currently above the 5-day, 20-day, 50-day, and 100-day moving averages, although it remains below the 200-day moving average. Furthermore, there has been a notable increase in investor participation, with delivery volume rising by 279.66% compared to the 5-day average, indicating heightened interest in the stock.
In the broader market context, while Facor Alloys has experienced substantial short-term gains, it is important to note that its year-to-date performance remains negative at -24.10%, contrasting with the Sensex's positive return of 3.79%. Over the past year, Facor Alloys has also underperformed significantly, with a decline of 41.94% compared to the Sensex's slight decrease of 0.56%. The sector itself, Ferro & Silica Manganese, has faced challenges, evidenced by a drop of 2.3%, which may impact investor sentiment. Despite these challenges, the recent upward movement in Facor Alloys' stock price can be attributed to its strong short-term performance and increased trading activity, suggesting a potential recovery phase amidst broader market pressures.