Why is Owais Metal falling/rising?

As of 10-Jun, Owais Metal and Mineral Processing Ltd is experiencing a price increase, with the current price at 642.95, reflecting a rise of 30.6 or 5.0%. The stock has shown strong performance today, outperforming its sector by 5.38%. Additionally, the stock's delivery volume has significantly increased by 79.45% compared to the 5-day average, indicating rising investor participation. Over the past week, the stock has gained 14.41%, while it has also seen a 11.90% increase over the past month. However, it is important to note that the stock is down 37.07% year-to-date and has declined 50.65% over the past year, suggesting that despite the recent uptick, the stock has faced significant challenges in the longer term.
In the broader market context, Owais Metal's recent performance stands in stark contrast to the benchmark Sensex, which has only increased by 2.29% over the past week and 4.57% over the past month. This indicates that the stock is currently benefiting from a strong short-term recovery relative to the overall market. However, the year-to-date performance shows a stark divergence, with the Sensex up 6.17% while Owais Metal has struggled significantly. This discrepancy highlights the stock's volatility and the potential for recovery amidst broader market trends, although the long-term outlook remains challenging.