Why is Modern Steels falling/rising?

As of 09-Sep, Modern Steels Ltd has experienced a price increase, currently at Rs 18.49, reflecting a rise of Rs 1.14 or 6.57%. The stock has shown a positive trend today, gaining after two consecutive days of decline, and opened with a significant gain of 4.32%. It reached an intraday high of Rs 18.87, marking an 8.76% increase. Additionally, the stock is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bullish trend. The delivery volume has also increased by 20.13% compared to the 5-day average, suggesting rising investor participation. However, there is no information available regarding positive or negative factors that could further explain the stock's movement.
In the broader market context, Modern Steels has outperformed the sector by 6.27% today. Over the past week, the stock has gained 2.55%, which is significantly higher than the Sensex's increase of 1.18%. While the stock has underperformed year-to-date with a decline of 2.68% compared to the Sensex's gain of 3.79%, its recent performance indicates a potential reversal in sentiment. The stock's performance over the last three years shows a gain of 8.76%, but it has lagged behind the Sensex's impressive 35.64% return during the same period.