Why is Multibase India falling/rising?

As of 12-Nov, Multibase India Ltd's stock price is currently at Rs 262.00, reflecting an increase of Rs 4.75, or 1.85%. The stock has been on an upward trend, gaining for the last five consecutive days and achieving a remarkable return of 11.04% over the past week. Additionally, it has outperformed its sector by 0.74% today. The stock reached an intraday high of Rs 265, and its delivery volume has significantly increased by 54.81% compared to the five-day average, indicating rising investor participation. Despite a year-to-date decline of 22.61%, the stock's high dividend yield of 20.5% at the current price may also attract investors.
Broader market context shows that while Multibase India has outperformed the Sensex by a substantial margin over the past week, with the index only gaining 1.21%, it has underperformed on a year-to-date basis compared to the benchmark, which has risen by 8.10%. This contrast highlights the stock's recent positive momentum in the short term, despite its longer-term struggles. The stock's performance relative to moving averages indicates a mixed picture, being above the shorter-term averages but below the 200-day average, which may suggest volatility in investor sentiment. Overall, the recent gains can be attributed to increased trading activity and a favorable dividend yield, despite the stock's historical underperformance.