Why is Omax Autos falling/rising?

As of 10-Nov, Omax Autos Ltd is experiencing a price increase, with its current price at Rs 100.65, reflecting a rise of 9.15 or 10.0%. Today's price summary indicates that the stock has outperformed its sector by 8.73% and has gained after seven consecutive days of decline. The stock reached an intraday high of Rs 100.65, although it also touched a low of Rs 88.85 during the day, indicating high volatility with an intraday fluctuation of 5.91%. Despite this positive movement today, the stock has shown a significant decline over the past month, down 22.28%, and is trading below all major moving averages, suggesting ongoing challenges. Additionally, there has been a notable decrease in investor participation, with delivery volume falling by 43.86% compared to the five-day average.
In the broader market context, Omax Autos' short-term performance contrasts with the benchmark Sensex, which has seen a slight decline of 0.53% over the past week while Omax Autos has gained 0.70%. This indicates that the stock is currently outperforming the market despite its longer-term struggles, where it has underperformed significantly over the past month and year compared to the Sensex. The overall market sentiment appears to be mixed, with Omax Autos showing a rebound today, but the broader trends suggest caution due to its recent performance and declining investor interest.