Why is Maiden Forgings falling/rising?

As of 25-Jun, Maiden Forgings Ltd is experiencing a price increase, currently at Rs 80.00, which reflects a rise of Rs 5.0 or 6.67%. The stock has shown strong performance today, outperforming its sector by 5.68% and has been on a consecutive gain for the last two days, accumulating a total return of 11.67% during this period. Additionally, the stock opened with a gain of 2.67% today and reached an intraday high of Rs 80. The stock is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a positive trend. Furthermore, there has been a significant increase in investor participation, with delivery volume rising by 160.27% compared to the 5-day average.
In the broader market context, Maiden Forgings has outperformed the Sensex over the past week, with a return of 11.11% compared to the benchmark's 1.61%. Over the past month, the stock has also shown a strong return of 9.29%, while the Sensex has only increased by 1.27%. However, it is important to note that the stock has underperformed over the longer term, with a year-to-date return of 2.91% compared to the Sensex's 5.91%, and a one-year return of -14.78% against the Sensex's 6.02%. This indicates that while the stock is currently rising, it has faced challenges in the past year relative to the broader market.