Why is Holmarc Opto falling/rising?

As of 23-Oct, Holmarc Opto-Mechatronics Ltd's stock price is currently at 115.00, reflecting an increase of 2.1, or 1.86%. The stock has shown a strong performance today, outperforming its sector by 2.17%. Additionally, the stock's delivery volume has significantly increased, rising by 185.71% against the 5-day average, indicating rising investor participation. However, despite today's positive movement, the stock has a mixed performance over longer periods, with a 1-week return of +9.00% but a 1-month decline of -4.56% and a year-to-date drop of -36.81%. There are no specific positive or negative factors available to further explain the stock's recent movement.
In the broader market context, the stock's short-term performance of +9.00% over the past week contrasts sharply with the Sensex's return of +1.20% during the same period, indicating that Holmarc has outperformed the benchmark recently. However, over the longer term, the stock's year-to-date performance is significantly lagging behind the Sensex, which has gained +9.50%. This suggests that while there may be short-term optimism reflected in today's price increase, the stock still faces challenges in regaining its footing compared to the overall market performance.