Why is Rathi Bars falling/rising?

As of 16-Sep, Rathi Bars Ltd's stock price is currently at Rs 30.75, reflecting an increase of Rs 1.16 or 3.92%. The stock has shown a positive performance today, outperforming its sector by 3.26%, and has been on a consecutive gain for the last two days, accumulating a total return of 4.91% during this period. Additionally, the stock reached an intraday high of Rs 31, marking a rise of 4.77%. In terms of returns compared to the benchmark, the stock has performed positively over the past week with a gain of 1.69%, although it has underperformed over the past month with a return of 1.35% compared to the Sensex's 2.21%. Notably, there is a rising investor participation with a significant increase in delivery volume, which suggests growing interest in the stock.
Broader Market Context: The stock's recent upward movement can be contrasted with its year-to-date performance, which shows a decline of 31.73%, while the Sensex has increased by 5.43% during the same period. Although the stock has outperformed the benchmark in the short term, it remains significantly lower in the longer term, with a one-year decline of 37.98% compared to the Sensex's slight drop of 0.73%. This indicates that while there may be short-term gains, the overall trend for Rathi Bars Ltd has been negative, suggesting that investors are cautiously optimistic but still wary of the stock's long-term performance.