Why is Shigan Quantum falling/rising?

As of 04-Nov, Shigan Quantum Technologies Ltd is experiencing a price increase, with its current price at 70.40, reflecting a rise of 1.4 or 2.03%. The stock has shown a strong performance today, outperforming its sector by 2.8%. Additionally, the stock's delivery volume has significantly increased, rising by 422.73% compared to the 5-day average, indicating rising investor participation. In terms of returns, the stock has gained 6.51% over the past week, contrasting with a decline of 2.22% over the past month and a substantial drop of 37.70% year-to-date. 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 Shigan Quantum has outperformed the benchmark Sensex in the short term, the broader market has not been favorable for the stock over longer periods. The Sensex has shown a decline of 1.31% over the past week, while the stock's performance has been more favorable. However, the stock's year-to-date and one-year returns are significantly negative at -37.70% and -38.65%, respectively, compared to the Sensex's positive returns of 8.26% and 6.68%. This suggests that despite the recent uptick, the stock remains under pressure in the longer term relative to the overall market.