Why is RMC Switchgears falling/rising?

As of 29-Aug, RMC Switchgears Ltd is experiencing a price increase, currently at Rs 812.50, reflecting a rise of Rs 7.5 or 0.93%. The stock has shown a trend reversal by gaining after three consecutive days of decline, and today it outperformed its sector by 0.9%. The stock reached an intraday high of Rs 829.9, which is a 3.09% increase. Despite a year-to-date decline of 27.46%, the stock has demonstrated significant long-term growth, with a 3-year return of 2697.87% and a 5-year return of 7150.06%. Additionally, there has been a notable increase in investor participation, with delivery volume rising by 148.92% compared to the 5-day average, indicating heightened interest in the stock.
In the broader market context, RMC Switchgears' short-term performance has been less favorable compared to the benchmark, as it has declined by 4.64% over the past week while the Sensex has only fallen by 1.84%. However, the stock's recent upward movement today suggests a potential recovery phase, contrasting with its longer-term struggles. The liquidity of the stock appears sufficient for trading, as it is based on 2% of the 5-day average traded value, which supports the recent price increase. Overall, while the stock has faced challenges in the short term, the current rise may indicate a positive shift in market sentiment.