Why is Sarthak Metals falling/rising?

As of 30-Oct, Sarthak Metals Ltd is experiencing a significant rise in its stock price, currently at Rs 111.25, reflecting an increase of Rs 13.05 or 13.29%. The stock has outperformed its sector by 11.95% today, opening with a gain of 2.85% and reaching an intraday high of Rs 117.8, which is a 19.96% increase. Additionally, the stock has shown a notable increase in delivery volume, rising by 51.66% against the 5-day average. Despite a year-to-date decline of 29.77% and a 1-year drop of 37.68%, the stock has demonstrated strong performance over the past 5 years, with a remarkable increase of 349.49%. Unfortunately, there is no information available regarding positive or negative factors that could further explain the stock's recent movement.
Broader market context indicates that while Sarthak Metals has risen by 12.66% over the past week, the benchmark Sensex has slightly declined by 0.18%. In the last month, Sarthak Metals has gained 5.70%, while the Sensex has increased by 5.15%. This suggests that the stock's recent performance is strong relative to the broader market, particularly in the short term. However, the stock's year-to-date and 1-year performance remains significantly lower than the benchmark, which has increased by 8.02% and 5.58%, respectively. Overall, the recent rise in Sarthak Metals' stock price can be attributed to strong short-term gains and increased investor participation, despite its longer-term challenges.