Why is JSL Industries falling/rising?

As of 06-Oct, JSL Industries Ltd is experiencing a price increase, currently at 1,299.90, reflecting a rise of 102.9 or 8.6%. The stock has shown strong performance today, outperforming its sector by 8.41% and opening with a gain of 2%. It reached an intraday high of Rs 1330, which is an increase of 11.11%. Despite the positive movement today, the stock has had a challenging year-to-date performance, down 23.49%, and a significant decline of 41.23% over the past year. However, it has demonstrated remarkable growth over the last three years, with a return of 496.28%. Notably, there has been a substantial increase in investor participation, with delivery volume rising by 140% against the five-day average, indicating growing interest in the stock.
In the broader market context, JSL Industries has outperformed the Sensex in the short term, with a weekly return of 8.33% compared to the Sensex's 1.77%. This suggests that the stock's recent price movement is not only a reflection of its internal dynamics but also indicates a favorable sentiment among investors relative to the overall market. The stock's erratic trading pattern, having not traded on one day out of the last 20, may contribute to its volatility, but the current liquidity levels suggest it is still accessible for trading. Overall, while the stock has faced significant declines over longer periods, the recent uptick in price and trading activity may signal a potential turnaround or renewed investor confidence.