Why is Jainam Ferro falling/rising?

As of 15-Oct, Jainam Ferro Alloys (I) Ltd is experiencing a price increase, currently at 280.00, reflecting a rise of 5.0 or 1.82%. The stock has shown strong performance in the short term, with a 9.38% increase over the past week, although it has declined by 6.98% over the last month. Today's price summary indicates that the stock has outperformed its sector by 1.27%. However, there is a notable decline in investor participation, with delivery volume falling by 90.38% against the 5-day average. Despite this, the company maintains a low debt-to-equity ratio, which is favorable, and has generated impressive returns of 74.95% over the past year, outperforming the BSE500 in the long term.
In the broader market context, Jainam Ferro's recent performance contrasts with the Sensex, which has only increased by 1.11% over the past week. This indicates that while the stock is rising, it is doing so at a significantly higher rate than the benchmark index. The stock's ability to outperform the market in both the short and long term suggests strong investor confidence, despite the recent drop in trading volume. Overall, the combination of solid historical returns and a favorable debt profile contributes positively to the stock's upward movement, even as it faces challenges with declining trading activity.