Why is Holmarc Opto falling/rising?

As of 31-October, Holmarc Opto-Mechatronics Ltd's stock price is currently at 109.20, reflecting an increase of 5.2, or 5.0%. The stock has shown a performance today that outperformed its sector by 5.3%. Additionally, the delivery volume has risen significantly, increasing by 66.67% compared to the 5-day average, indicating rising investor participation. However, the stock's performance over the past year has been poor, with a decline of 43.77%, and it is currently below several moving averages, including the 5-day, 50-day, 100-day, and 200-day averages. There is no information available regarding positive or negative factors that could further explain the stock's recent movement.
In the broader market context, Holmarc's short-term return over the past week has been -4.17%, which is significantly worse than the benchmark Sensex, which has only declined by 0.28%. However, over the past month, Holmarc has outperformed the Sensex with a return of +4.75% compared to the benchmark's +3.57%. Despite the recent uptick in price, the stock's year-to-date performance remains concerning, with a decline of 40.00%, contrasting sharply with the Sensex's gain of 8.79%. This indicates that while there may be some short-term positive momentum, the overall trend for Holmarc remains negative when viewed in a longer-term context.