Why is Impex Ferro Tech falling/rising?

As of 13-Jun, Impex Ferro Tech Ltd's stock price is currently at 2.34, reflecting an increase of 0.11 or 4.93%. The stock has shown a strong performance recently, gaining 13.59% over the last three days and outperforming its sector by 5.52% today. In terms of longer-term performance, the stock has risen by 15.84% over the past month, although it has seen a significant decline of 20.41% year-to-date and 39.85% over the past year. The stock's current price is higher than its 5-day, 20-day, and 50-day moving averages, indicating a short-term upward trend, despite being lower than its 100-day and 200-day moving averages. However, there has been a notable decrease in investor participation, with delivery volume falling by 67.92% compared to the 5-day average, which may indicate a lack of sustained interest.
Broader market context shows that while Impex Ferro Tech has performed well in the short term, the benchmark Sensex has experienced a slight decline of 1.30% over the past week and is nearly flat over the past month. This contrasts with the stock's positive short-term returns, highlighting its relative strength against the broader market. Despite the recent gains, the stock's year-to-date and one-year performances remain significantly negative compared to the Sensex, which has gained 3.81% year-to-date and 5.61% over the past year. This suggests that while the stock is currently rising, it is still facing challenges in the broader market context.