Why is Rishi Techtex falling/rising?

As of 10-Nov, Rishi Techtex Ltd's stock price is currently at Rs 47.49, reflecting an increase of Rs 4.48 or 10.42%. The stock has shown a positive performance today, having outperformed its sector by 9.35% and marking a trend reversal after two consecutive days of decline. It reached an intraday high of Rs 49.5, indicating strong upward momentum. Over the past week, the stock has gained 8.80%, contrasting with a slight decline of 0.53% in the Sensex. However, it has experienced a year-to-date decline of 13.58%, suggesting a longer-term struggle despite recent gains. Notably, investor participation has decreased, with delivery volume falling by 47.47% against the five-day average, which may indicate caution among investors.
Broader Market Context: In the short term, Rishi Techtex's performance has significantly outpaced the benchmark, as it has risen by 8.80% over the past week while the Sensex has declined. This divergence highlights the stock's relative strength in a challenging market environment. However, the stock's year-to-date performance remains negative compared to the Sensex's positive return of 6.91%, indicating that while recent movements are encouraging, the stock has struggled to maintain momentum over a longer period. The high volatility observed today, with an intraday volatility of 7.03%, further emphasizes the stock's fluctuating nature in the current market context.