Why is Incredible Indus falling/rising?

As of 06-Nov, Incredible Industries Ltd is experiencing a price increase, currently at Rs 46.00, reflecting a rise of Rs 2.07 or 4.71%. Today, the stock has shown a trend reversal, gaining after two consecutive days of decline. Although it opened with a loss of 2.12%, it reached an intraday high of Rs 46.34, indicating a strong recovery during the trading session. The stock has been highly volatile, with an intraday volatility of 6.55%, and has traded in a wide range of Rs 5.24. Additionally, it is trading above all key moving averages, and there has been a notable increase in investor participation, with delivery volume rising by 34.59% compared to the 5-day average. 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, Incredible Industries Ltd's short-term performance has been relatively better than the benchmark, as it outperformed the sector by 6.22% today. Over the past week, the stock has slightly underperformed with a return of -0.43% compared to the Sensex's -1.30%. However, on a year-to-date basis, the stock has lagged behind the benchmark, with a return of -0.33% versus the Sensex's +6.62%. Despite this, the stock has shown strong performance over the longer term, with a 1-year return of +7.98% compared to the Sensex's +3.65%, and an impressive 3-year return of +88.14% against the benchmark's +36.69%.