Why is Lime Chemicals falling/rising?

As of 29-Sep, Lime Chemicals Ltd is experiencing a price increase, with its current price at Rs 15.99, reflecting a rise of Rs 1.01 or 6.74%. Today's performance indicates that the stock has outperformed its sector by 7.52%, reaching an intraday high of Rs 16.01. Additionally, there has been a significant increase in investor participation, with delivery volume rising by 592.14% compared to the 5-day average. However, despite today's positive movement, the stock has shown a decline of 4.48% over the past month and a substantial drop of 33.38% year-to-date, indicating ongoing challenges despite the recent uptick.
In the broader market context, the stock's short-term return of +3.16% over the past week contrasts sharply with the Sensex, which has declined by 2.18% during the same period. This suggests that while Lime Chemicals is currently gaining traction, it has struggled significantly over longer time frames, with a year-over-year decline of 47.31% compared to the Sensex's drop of only 6.08%. The stock's performance relative to the benchmark highlights its volatility and the potential for recovery, albeit from a low base, as it continues to navigate a challenging market environment.