Why is IITL Projects falling/rising?

As of 04-Nov, IITL Projects Ltd is experiencing a price increase, currently at Rs 55.00, reflecting a gain of 4.88 or 9.74%. The stock has shown a trend reversal, gaining after two consecutive days of decline. It opened with a significant gap up of 9.74% today and reached an intraday high of Rs 55. The stock has outperformed its sector by 10.53% today, and there has been a notable increase in investor participation, with delivery volume rising by 1883.9% compared to the 5-day average. However, the stock's performance over the past week and month has been negative, with declines of 3.32% and 7.25%, respectively, while it has performed positively over the past year with an increase of 8.50%. Unfortunately, there is no information available regarding positive or negative factors that could further explain the stock's recent movement.
Broader market context shows that while IITL Projects has struggled in the short term, underperforming the Sensex over the past week and month, it has outperformed the benchmark on a year-to-date basis. The Sensex has gained 6.81% year-to-date, while IITL Projects has seen a decline of 8.33%. This contrast highlights the stock's recent volatility and its potential recovery today, despite its overall underperformance in the shorter time frames.