Why is Orosil Smiths falling/rising?

As of 23-Jun, Orosil Smiths India Ltd is experiencing a price increase, currently at 4.58, reflecting a change of 0.08 or 1.78% upward. The stock has shown strong performance recently, outperforming its sector by 2.12% today and achieving consecutive gains over the last two days, with a total return of 5.53% during this period. Additionally, the stock has positive returns over various time frames, including a 12.53% increase year-to-date and a 26.87% rise over the past year. However, there has been a decline in investor participation, with delivery volume falling by 23.72% against the 5-day average, which may indicate some caution among investors.
In the broader market context, Orosil Smiths has significantly outperformed the benchmark Sensex in the short term, with a 5.29% return over the past week compared to just 0.12% for the index. This trend of outperformance is consistent over the past month and year, suggesting that the stock is gaining traction relative to the market. Despite the recent decline in delivery volume, the stock's liquidity remains adequate for trading, which may support its upward movement. Overall, the combination of strong recent performance and relative outperformance against the benchmark contributes to the stock's rising price.