Why is LGB Forge falling/rising?

As of 16-Oct, LGB Forge Ltd's stock price is currently at 9.69, reflecting an increase of 0.48 or 5.21%. The stock has been gaining momentum, having risen consecutively for the last two days with a total return of 6.72% during this period. It has outperformed its sector by 3.07% today. In terms of longer-term performance, the stock has shown a 7.43% increase over the past week and a 2.87% increase over the past month, although it remains down 41.27% year-to-date. The stock is currently trading above its 5-day, 20-day, and 50-day moving averages, indicating a positive short-term trend, despite being below its 100-day and 200-day moving averages. There is no information available regarding positive or negative factors impacting the stock.
Broader Market Context: In comparison to the benchmark Sensex, which has gained 1.58% over the past week, LGB Forge's 7.43% increase indicates that it is performing significantly better in the short term. While the stock has experienced substantial declines year-to-date and over the past year, its recent performance suggests a potential recovery phase, particularly as the castings/forgings sector has also seen a gain of 2.16%. However, it is important to note that investor participation has decreased, with delivery volume falling by 32.51% against the 5-day average, which could pose challenges for sustained upward movement.