Why is Rish.Digh.Steel falling/rising?

As of 11-Nov, Rishabh Digha Steel & Allied Products Ltd is experiencing a price increase, with its current price at Rs 37.72, reflecting a rise of Rs 3.12 or 9.02%. The stock has outperformed its sector by 8.57% today, reaching an intraday high of Rs 38, which is a 9.83% increase. However, it has shown high volatility with an intraday volatility of 5.53% and a significant drop in delivery volume, which fell by 50.85% compared to the 5-day average. In terms of returns, the stock has gained 0.91% over the past week and 4.03% over the past month, although it is down 1.33% year-to-date and 14.02% over the past year.
Broader Market Context: The stock's short-term performance has been better than the benchmark Sensex, which has increased by 0.49% over the past week and 1.66% over the past month. Despite the positive short-term returns, the stock has underperformed the Sensex year-to-date and over the past year, indicating a mixed performance relative to the broader market. The liquidity of the stock remains adequate for trading, but the falling investor participation could pose challenges for sustained price increases in the future.