Why is Rapicut Carbides falling/rising?

As of 11-Nov, Rapicut Carbides Ltd is experiencing a price increase, currently at Rs 89.00, reflecting a rise of Rs 2.38 or 2.75%. The stock has shown strong performance recently, gaining 7.88% over the last two days and outperforming its sector by 2.11% today. It opened with a 5% gain and reached an intraday high of Rs 90.95. Additionally, the stock has outperformed the benchmark Sensex over the past week with a return of 3.49% compared to the Sensex's 0.49%. However, it is important to note that there has been a significant decline in investor participation, with delivery volume dropping by 47.75% against the 5-day average, which may indicate a potential concern for future trading activity.
Broader Market Context: In the context of the broader market, Rapicut Carbides has shown a notable short-term return compared to the Sensex, which has only increased by 0.49% over the same period. While the stock has performed well recently, it is still down 13.17% year-to-date, contrasting with the Sensex's gain of 7.34%. This divergence highlights the stock's volatility and potential for recovery, especially given its strong performance over the past three years, where it has increased by 69.85% compared to the Sensex's 35.73%. Overall, the recent price rise can be attributed to positive short-term performance metrics, despite the concerning drop in investor participation.