Why is Remi Edelstahl falling/rising?

As of 29-Oct, Remi Edelstahl Tubulars Ltd is experiencing a price increase, with its current price at Rs 145.45, reflecting a rise of Rs 5.8 or 4.15%. The stock has shown strong performance today, outperforming its sector by 2.64% and achieving a consecutive gain over the last two days, resulting in a total return of 9.28% during this period. It opened with a gain of 3.83% and reached an intraday high of Rs 145.45. Additionally, the stock's performance over various time frames shows significant growth, with a year-to-date increase of 42.60% and a remarkable 195.33% rise over the past three years. The rising investor participation, indicated by a 90.47% increase in delivery volume compared to the five-day average, further supports the stock's upward movement. Unfortunately, the Positive and Negative Factors section is unavailable, which limits a comprehensive analysis of external influences.
Broader Market Context: In comparison to the benchmark Sensex, which has increased by 0.68% over the past week, Remi Edelstahl's stock has outperformed with a return of 1.22%. However, over the past month, the stock has declined by 8.35%, contrasting with the Sensex's gain of 5.76%. This short-term underperformance may reflect broader market trends or sector-specific challenges, but the recent positive momentum suggests a potential recovery. Overall, the stock's strong historical performance and today's gains indicate a favorable outlook amidst varying market conditions.