Why is Modern Insulator falling/rising?

As of 05-Jun, Modern Insulators Ltd's stock price is currently at Rs 113.70, reflecting an increase of Rs 1.65 or 1.47%. The stock has shown a trend reversal, gaining after three consecutive days of decline. It outperformed its sector by 1.18% today and reached an intraday high of Rs 114.4, which is a 2.1% increase. However, the stock's delivery volume has significantly decreased by 77.88% compared to the 5-day average, indicating falling investor participation. Over the past month, the stock has risen by 13.68%, contrasting with a year-to-date decline of 21.59%. Unfortunately, there is no information available regarding positive or negative factors that could further explain the stock's recent movement.
In the broader market context, the stock's short-term performance over the past week shows a slight decline of 0.04%, while the benchmark Sensex has decreased by 0.23%. This indicates that the stock has been relatively stable compared to the broader market in the short term. However, when looking at the year-to-date performance, the stock has underperformed the Sensex, which has gained 4.23% during the same period. Despite this, the stock's strong performance over the last three years, with a return of 122.94%, suggests a longer-term positive trend that may influence investor sentiment moving forward.