Why is Sh. Steel Wire falling/rising?

As of 11-Nov, Shree Steel Wire Ropes Ltd is experiencing a price increase, with the current price at Rs 27.89, reflecting a rise of Rs 1.54 or 5.84%. Today, the stock opened with a significant gain of 10.02% and reached an intraday high of Rs 28.99. The stock has outperformed its sector by 5.39% today, and there has been a notable increase in investor participation, with delivery volume rising by 407.29% against the 5-day average. However, the stock's longer-term performance shows a decline, with year-to-date returns down by 29.21% and a 1-year decline of 34.41%. There is no information available regarding positive or negative factors that could further explain the stock's recent movement.
In the broader market context, the stock's short-term performance contrasts with the benchmark Sensex, which has gained 0.49% over the past week. While Shree Steel Wire Ropes Ltd has seen a decline of 3.03% in the same period, its recent price increase today indicates a potential reversal in sentiment, at least in the short term. The stock's performance over the last month and year remains significantly lower than the benchmark, which has increased by 1.66% and 5.50%, respectively. This suggests that while the stock is currently rising, it has struggled to keep pace with the overall market trends in the longer term.