Why is MPIL Corporation falling/rising?

As of 15-Sep, MPIL Corporation Ltd is experiencing a price increase, currently at Rs 539.60, which reflects a rise of Rs 20.4 or 3.93%. The stock has shown strong performance today, outperforming its sector by 4.07% and opening with a gain of 4.54%. It reached an intraday high of Rs 542.75, although it also touched a low of Rs 499. The stock's recent trading activity indicates erratic behavior, having not traded on one day out of the last 20. Notably, the delivery volume has surged by 490.91% against the 5-day average, suggesting rising investor participation. In terms of returns, the stock has increased by 14.80% over the past week, while its year-to-date performance remains down by 10.63%.
In the broader market context, the Sensex has increased by 1.24% over the past week, indicating that MPIL Corporation's short-term return significantly outpaces the benchmark. Despite the stock's year-to-date decline, its 3-year and 5-year returns are impressive, at 111.65% and 147.52%, respectively, compared to the Sensex's 36.46% and 109.47%. This suggests that while the stock has faced challenges in the short term, its long-term performance remains strong, contributing to the current upward price movement.