Why is MTAR Technologie falling/rising?

As of 05-Aug, MTAR Technologies Ltd is experiencing a significant rise in its stock price, currently at 1,589.05, reflecting an increase of 142.05 or 9.82%. The stock has shown strong performance today, outperforming its sector by 10.79% and achieving consecutive gains over the last two days, with a total return of 11.29% during this period. Additionally, the stock reached an intraday high of Rs 1637.15, indicating high volatility with an intraday fluctuation of 7.76%. In the context of recent performance, the stock has gained 7.21% over the past week, contrasting with a decline of 0.77% in the Sensex, although it has seen a year-to-date decline of 3.52% compared to the Sensex's increase of 3.29%. There is no information available regarding positive or negative factors that may have influenced this movement.
Broader Market Context: In the short term, MTAR Technologies has outperformed the benchmark Sensex, which has declined by 0.77% over the past week while MTAR has gained 7.21%. This indicates a strong relative performance against the broader market. However, over a longer timeframe, the stock has underperformed, with a year-to-date decline of 3.52% compared to the Sensex's positive return of 3.29%. This suggests that while the stock is currently experiencing a positive momentum, it has faced challenges in the longer term, as reflected in its one-year performance of -9.67% against the Sensex's gain of 2.48%.