Why is Madhusudan Inds. falling/rising?

As of 16-Sep, Madhusudan Industries Ltd is currently priced at Rs 43.00, reflecting an increase of 1.0 (2.38%). The stock has been gaining momentum recently, with a consecutive gain over the last two days resulting in an overall return of 8.04%. Despite opening lower today with a loss of 3.43%, it managed to reach an intraday high of Rs 43. The stock has outperformed its sector by 2.27%, and there has been a notable increase in investor participation, with delivery volume rising by 75.02% compared to the 5-day average. However, the stock's year-to-date performance remains negative at -24.56%, indicating a longer-term struggle despite recent gains.
Broader market context shows that Madhusudan Industries Ltd has outperformed the Sensex in the short term, with a 1-week return of +3.61% compared to the Sensex's +1.58%. While the stock has shown positive movement recently, its longer-term performance is concerning, as it has declined by 28.39% over the past year, contrasting with the Sensex's slight decrease of 0.73%. The stock's moving averages indicate it is performing better than shorter-term averages but still lags behind the 200-day moving average, suggesting mixed signals in terms of overall trend strength.