Why is Refractory Shap. falling/rising?

As of 28-Oct, Refractory Shapes Ltd's stock price is currently at 46.45, reflecting an increase of 2.2, or 4.97%. The stock has shown a strong performance today, outperforming its sector by 5.31%. Additionally, the stock's delivery volume has risen significantly, with a 36.36% increase compared to the 5-day average, indicating rising investor participation. However, despite today's positive movement, the stock has experienced a decline of 8.92% over the past month and a substantial drop of 51.11% year-to-date, suggesting ongoing challenges despite recent gains. There are no specific positive or negative factors available to further explain the stock's recent movement.
In the broader market context, Refractory Shapes Ltd's short-term return of +9.94% over the past week significantly outpaces the Sensex, which has only increased by 0.26% in the same period. This indicates that while the stock has recently gained traction, it still faces a larger trend of underperformance when compared to the benchmark over longer time frames, such as the past month and year. The stark contrast between the stock's recent performance and its longer-term declines highlights the volatility and potential recovery phase the company may be experiencing.