Why is Rish.Digh.Steel falling/rising?

As of 07-Nov, Rishabh Digha Steel & Allied Products Ltd is experiencing a price increase, currently at Rs 38.48, which reflects a rise of 4.17 or 12.15%. Today's performance indicates a trend reversal as the stock has gained after three consecutive days of decline. It outperformed its sector by 10.92% and reached an intraday high of Rs 38.5. However, despite this positive movement, the stock has shown a decline of 3.78% over the past week and a notable drop of 9.44% over the past year. Additionally, there has been a significant decrease in investor participation, with delivery volume falling by 37.5% compared to the five-day average, which may indicate waning interest despite today's gains.
Broader Market Context: In comparison to the benchmark Sensex, which has declined by 0.86% over the past week, Rishabh Digha Steel's performance is relatively stronger, showing a positive return of 2.61% over the past month while the Sensex increased by 1.57%. However, the stock's year-to-date return of 0.65% is underperforming against the Sensex's 6.50% gain. This context suggests that while the stock is currently rising, it has struggled to maintain momentum over longer periods compared to the broader market, reflecting mixed sentiments among investors.