Why is Forbes Precision falling/rising?

As of 30-Oct, Forbes Precision Tools & Machine Parts Ltd is experiencing a price increase, currently at Rs 184.65, which reflects a rise of Rs 8.8 or 5.0%. The stock has shown strong performance today, outperforming its sector by 5.36% and has been on a consecutive gain streak for the last four days, accumulating a total return of 9.39% during this period. It opened with a gain of 2.08% today and reached an intraday high of Rs 186.05. The stock's performance over the past week has been positive, with a return of 9.20%, although it has underperformed significantly on a year-to-date basis with a decline of 35.12%. Notably, there has been a substantial increase in investor participation, with delivery volume rising by 596.84% compared to the 5-day average, indicating heightened interest in the stock.
Broader Market Context: In the context of the broader market, the Sensex has shown a slight decline of 0.18% over the past week, contrasting with Forbes Precision's strong performance. While the stock has outperformed the benchmark in the short term, it still lags behind on a year-to-date basis, where the Sensex has gained 8.02%. This divergence suggests that investor sentiment towards Forbes Precision is improving despite its longer-term struggles, as reflected in its recent price movements and increased trading activity.