Why is Pradeep Metals falling/rising?

As of 18-Nov, Pradeep Metals Ltd. is experiencing a rise in its stock price, currently at 249.55, reflecting an increase of 20.0 or 8.71%. The stock has shown a trend reversal today, gaining after three consecutive days of decline. It opened with a gain of 2.37% and reached an intraday high of Rs 252.45, indicating strong performance. The stock has outperformed its sector by 8.64% today, and there has been a significant increase in investor participation, with delivery volume rising by 180.93% compared to the 5-day average. However, the stock has also shown high volatility, trading in a wide range of Rs 31.2, and its performance over the past week has been negative at -2.94%.
In the broader market context, while Pradeep Metals has seen a 1-month return of +13.12%, the benchmark Sensex has only increased by +0.86% during the same period, indicating that the stock is performing well relative to the market. However, year-to-date, Pradeep Metals is down by -5.38%, contrasting with the Sensex's gain of +8.36%. This suggests that while the stock is currently rising, it has faced challenges throughout the year compared to the broader market. Overall, the recent positive momentum appears to be driven by a combination of increased trading activity and a recovery from previous declines, despite its longer-term underperformance relative to the benchmark.