Why is LGB Forge falling/rising?

As of 17-Oct, LGB Forge Ltd's stock price is currently at 10.48, reflecting an increase of 0.79, or 8.15%. The stock has shown strong performance recently, outperforming its sector by 9.28% today and has experienced consecutive gains over the last three days, accumulating a total return of 15.42% during this period. Additionally, the stock's performance over the past week has been impressive, with a return of 16.44%, significantly higher than the Sensex's 1.76% increase. The stock is currently trading above its 5-day, 20-day, 50-day, and 100-day moving averages, although it remains below the 200-day moving average. Rising investor participation is evident, with delivery volume increasing by 273.06% compared to the 5-day average, indicating heightened interest in the stock.
In the broader market context, LGB Forge's short-term performance stands in stark contrast to its year-to-date return of -36.48%, while the Sensex has gained 7.44% during the same period. This divergence highlights the stock's recent recovery amidst a generally positive market environment. The stock's significant gains over the past week and month, compared to the benchmark's modest increases, suggest that investor sentiment may be shifting positively towards LGB Forge, despite its longer-term underperformance. Overall, the combination of strong recent returns, increased trading activity, and positive sector performance contributes to the stock's rising price.