Why is Heera Ispat falling/rising?

As of 06-Nov, Heera Ispat Ltd's stock price is currently at 7.98, reflecting an increase of 0.71, or 9.77%. The stock has shown a strong performance today, outperforming its sector by 11.05%. Additionally, the stock's delivery volume has risen significantly, with a 78.86% increase compared to the 5-day average, indicating rising investor participation. In terms of returns, the stock has experienced a 5.42% increase over the past week, contrasting with a decline of 1.30% in the Sensex during the same period. However, over the longer term, the stock has seen a decrease of 2.44% over the past month and a 4.89% decline over the past year, suggesting some volatility in its performance.
Broader Market Context: In the short term, Heera Ispat's stock has outperformed the benchmark Sensex, which has declined by 1.30% over the past week while Heera Ispat gained 5.42%. This indicates that despite the stock's longer-term struggles, it has managed to attract investor interest recently, possibly due to its improved liquidity and trading activity. However, the stock's performance over the past month and year shows it has not kept pace with the benchmark, which has gained 1.86% and 3.65%, respectively. This broader context highlights the challenges the stock faces in sustaining its recent gains against a backdrop of overall market performance.