Why is Oriental Trimex falling/rising?

As of 18-Jul, Oriental Trimex Ltd's stock price is currently at 12.05, reflecting an increase of 0.57, or 4.97%. The stock has shown a trend reversal, gaining after six consecutive days of decline. Today's performance indicates that it has outperformed its sector by 5.5%. Additionally, there has been a significant rise in investor participation, with delivery volume increasing by 262.21% compared to the five-day average. Despite a challenging one-month return of -30.35%, the stock has a year-to-date return of +27.51%, indicating strong performance over a longer period. The company has reported outstanding results with a net sales growth of 786.17%, which, along with its highest cash and cash equivalents, suggests positive fundamentals that may be contributing to the recent price increase.
In the broader market context, the stock's short-term performance has been notably weaker than the benchmark, with a one-week return of -12.30% compared to the Sensex's -0.90%. However, the year-to-date performance of Oriental Trimex significantly outpaces the Sensex, which has only increased by 4.63%. This disparity highlights that while the stock has faced short-term challenges, its long-term trajectory remains strong, supported by solid financial results and increasing liquidity. The majority of shareholders being non-institutional may also indicate a more stable ownership base, potentially contributing to the stock's resilience amidst market fluctuations.