Why is Jainam Ferro falling/rising?

As of 22-Aug, Jainam Ferro Alloys (I) Ltd is experiencing a price increase, with the current price at 282.10, reflecting a rise of 1.5 or 0.53%. The stock has shown a strong performance over the past year, generating returns of 82.00%, and has outperformed the BSE500 index over the last three years, one year, and three months. Today's price summary indicates that the stock has outperformed its sector by 4.18%, with a significant increase in delivery volume, which rose by 326.83% compared to the five-day average. Additionally, the company maintains a low debt-to-equity ratio, which contributes positively to investor confidence.
In the broader market context, the stock's performance over the past week shows a decline of 7.51%, while the Sensex has increased by 0.97%. However, the stock's long-term performance remains robust, with a year-to-date return of 36.38%, compared to the Sensex's 5.18%. This indicates that while there may be short-term fluctuations, Jainam Ferro's overall trajectory is positive, supported by rising investor participation and liquidity, which suggests a favorable outlook despite recent volatility.