Why is Rudra Ecovation falling/rising?

As of 29-Oct, Rudra Ecovation Ltd's stock price is currently at 34.85, reflecting a rise of 4.36 or 14.3%. The stock has shown strong performance recently, outperforming its sector by 13.41% today and achieving consecutive gains over the last two days with an overall increase of 18.1% during this period. Additionally, the stock has traded in a wide range, reaching an intraday high of Rs 35.42, and has experienced high volatility with an intraday volatility of 6.75%. The stock's performance over the past week shows a return of +15.74%, while its one-month return is +13.55%. However, it has faced significant declines year-to-date and over the past year, with losses of -41.50% and -41.92%, respectively. There is a notable increase in investor participation, as evidenced by a 60.01% rise in delivery volume compared to the five-day average, indicating growing interest in the stock.
In the broader market context, Rudra Ecovation's recent short-term performance significantly outpaces the benchmark Sensex, which has only increased by 0.68% over the past week and 5.76% over the past month. This stark contrast highlights the stock's strong recovery momentum despite its poor year-to-date and one-year performance relative to the benchmark. The company's ability to attract higher trading volumes and maintain liquidity suggests that investors are becoming more confident in its potential, even as it continues to navigate a challenging longer-term outlook.