Why is Lokesh Mach. falling/rising?

As of 22-Sep, Lokesh Machines Ltd is experiencing a price increase, with its current price at Rs 196.65, reflecting a rise of Rs 17.85 or 9.98%. The stock opened with a gain of 2.91% today and reached an intraday high of Rs 196.65. It has outperformed its sector by 10.48% today, and there has been a significant increase in investor participation, with delivery volume rising by 326.07% compared to the 5-day average. However, the stock's performance over the longer term shows a decline, with a year-to-date drop of 36.77% and a one-year decline of 47.29%. The absence of specific positive or negative factors makes it difficult to pinpoint the exact reasons for the stock's recent movement, but the current upward trend can be attributed to increased trading activity and short-term gains.
Broader market context indicates that Lokesh Machines Ltd has outperformed the Sensex in the short term, with a weekly return of +2.74% compared to the Sensex's +0.46%. This short-term outperformance contrasts sharply with its longer-term performance, where the stock has significantly lagged behind the benchmark, particularly over the past year and year-to-date. The stock's liquidity appears adequate for trading, which may contribute to its recent price movement, but the overall negative returns over longer periods suggest underlying challenges that could affect future performance.