Why is Refractory Shap. falling/rising?

As of 03-Nov, Refractory Shapes Ltd is experiencing a price increase, with its current price at 52.20, reflecting a rise of 2.45 or 4.92%. The stock has shown strong performance recently, with a 1-week return of +17.97%, significantly outperforming the Sensex, which declined by 0.78%. Additionally, the stock's performance today has outpaced its sector by 3.46%. The delivery volume has also increased by 17.35% compared to the 5-day average, indicating rising investor participation. However, the stock remains lower than its 100-day and 200-day moving averages, suggesting that while there is positive momentum, it has not yet regained longer-term stability.
In the broader market context, the stock's recent short-term performance contrasts sharply with its year-to-date return of -45.05%, while the Sensex has gained 8.96% over the same period. This indicates that despite the recent uptick, the stock has struggled significantly over the longer term. The positive short-term trends may reflect a recovery phase, but the overall negative returns suggest that investors remain cautious. The lack of specific positive or negative factors in the dashboard limits a deeper analysis of the underlying reasons for the stock's movements, but the current trends indicate a potential shift in investor sentiment.