Why is Hemang Resources falling/rising?

As of 28-Oct, Hemang Resources Ltd is experiencing a rise in its stock price, currently at 22.97, with an increase of 0.97, or 4.41%. The stock has shown a strong performance today, outperforming its sector by 5.16%. Additionally, the delivery volume has significantly increased by 676.06% compared to the 5-day average, indicating rising investor participation. While the stock has underperformed over the longer term, with a year-to-date decline of 25.40% and a 3-year decline of 68.77%, it has seen a notable increase of 296.03% over the past five years. Unfortunately, there is no information available regarding positive or negative factors that could further explain the stock's recent movement.
In the broader market context, Hemang Resources has outperformed the Sensex in the short term, with a weekly return of 7.14% compared to the benchmark's modest gain of 0.24%. This short-term outperformance may reflect a shift in investor sentiment or market dynamics favoring the stock, despite its longer-term struggles against the benchmark. The stock's current price movement and increased trading activity suggest a potential recovery phase, although it remains to be seen if this trend can be sustained in the face of its historical performance.