Why is Jindal Drilling falling/rising?

As of 08-Aug, Jindal Drilling & Industries Ltd is experiencing a price increase, currently at Rs 620.30, reflecting a rise of Rs 19.7 or 3.28%. Today's performance indicates a trend reversal as the stock has gained after five consecutive days of decline. It outperformed its sector by 4.25% and reached an intraday high of Rs 637.9, which is a 6.21% increase. However, the stock's delivery volume has significantly decreased by 65.96% compared to the five-day average, indicating falling investor participation. Over the past year, the stock has seen a slight decline of 0.51%, while it has performed exceptionally well over three and five years, with returns of 191.63% and 842.71%, respectively.
In the broader market context, Jindal Drilling's short-term performance shows a slight decline of 0.08% over the past week, while the benchmark Sensex has decreased by 0.92% during the same period. Over the past month, Jindal Drilling has outperformed the Sensex, gaining 2.69% compared to the benchmark's loss of 4.60%. Despite the recent uptick in price, the stock's year-to-date performance remains negative at -19.90%, contrasting with the Sensex's positive return of 2.20%. This suggests that while the stock is currently rising, it is still facing challenges in the broader market environment.