Why is Mitshi India falling/rising?

As of 07-Nov, Mitshi India Ltd's stock price is rising, currently at Rs 16.00, reflecting a change of 2.02 (14.45%) upward. The stock has shown a notable performance today, having outperformed its sector by 14.91%. After two consecutive days of decline, it has gained momentum, opening with a significant gap up of 6.22%. Throughout the day, it reached an intraday high of Rs 16.5, marking an 18.03% increase, although it also experienced a low of Rs 13.54. The stock is trading above all its moving averages, indicating a positive trend, and has seen a substantial increase in investor participation, with delivery volume rising by 102.03% compared to the five-day average. Unfortunately, the Positive and Negative Dashboard data is not available to provide further insights into the factors influencing this movement.
In the broader market context, Mitshi India Ltd has outperformed the Sensex in the short term, with a one-week return of +11.19% compared to the benchmark's -0.86%. This indicates that while the overall market may be experiencing a downturn, Mitshi India is gaining traction among investors. However, it is important to note that the stock has underperformed on a year-to-date basis, with a return of -4.48% against the Sensex's +6.50%. This contrast highlights the stock's recent volatility and potential recovery, suggesting that investor sentiment may be shifting positively despite its longer-term challenges.