Why is Nova Iron &Steel falling/rising?

As of 22-Sep, Nova Iron & Steel Ltd is experiencing a price increase, currently at 15.81, reflecting a rise of 0.89 or 5.97%. The stock has shown strong performance recently, gaining 8.96% over the last three days and outperforming its sector by 5.52% today. Additionally, it is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a positive trend. Investor participation has also increased, with delivery volume rising by 83.69% against the 5-day average, suggesting heightened interest in the stock. 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, Nova Iron & Steel's short-term return of 5.61% over the past week significantly outpaces the Sensex, which has only increased by 0.46% during the same period. This indicates that the stock is not only performing well on its own but is also gaining traction relative to the overall market. However, it is important to note that year-to-date, the stock is down 10.37%, while the Sensex has risen by 5.15%, highlighting a contrasting long-term performance despite the recent gains.