Why is Rapicut Carbides falling/rising?

As of 27-Oct, Rapicut Carbides Ltd is experiencing a price increase, currently at Rs 76.48, which reflects a rise of 6.95 or 10.0%. The stock has shown a positive trend today, outperforming its sector by 9.43% and reversing a two-day decline. It opened with a significant gain of 7.72% and reached an intraday high of Rs 76.48. Despite a year-to-date decline of 25.39% and a one-year drop of 40.02%, the stock has demonstrated a strong performance over the past three years with a return of 27.47%. Additionally, there has been a notable increase in investor participation, with delivery volume rising by 117.99% compared to the five-day average, indicating growing interest in the stock.
In the broader market context, Rapicut Carbides' short-term performance over the past week shows a gain of 4.05%, significantly outperforming the Sensex, which only increased by 0.49% during the same period. However, the stock's longer-term performance remains concerning, as it has underperformed the benchmark index over the past month, year-to-date, and year. The stock's liquidity appears adequate for trading, which may contribute to its recent price movements, although there is no specific positive or negative dashboard data available to further clarify the factors influencing its rise today.