Why is Rathi Steel falling/rising?

As of 30-Oct, Rathi Steel & Power Ltd's stock price is rising, currently at Rs 28.19, reflecting an increase of Rs 3.7 or 15.11%. The stock has shown strong performance today, outperforming its sector by 15.59% and reaching an intraday high of Rs 28.95, which is an increase of 18.21%. Additionally, the stock has experienced high volatility with an intraday volatility of 8.51%. Over the past week, the stock has gained 13.40%, while its performance over the past month shows a significant increase of 19.70%. However, it is important to note that the stock is down 31.66% year-to-date and 44.44% over the past year. There is a notable rise in investor participation, with delivery volume increasing by 141.54% against the 5-day average, indicating growing interest in the stock.
In the broader market context, Rathi Steel's recent short-term return of 13.40% over the past week contrasts sharply with the Sensex, which has declined by 0.18% during the same period. This indicates that Rathi Steel is gaining traction relative to the overall market. While the stock has shown positive movement recently, it is still significantly underperforming on a year-to-date and yearly basis compared to the Sensex, which has increased by 8.02% and 5.58%, respectively. The stock's higher trading volumes and volatility suggest that it is attracting attention, but the long-term performance remains a concern as it lags behind the benchmark significantly.