Why is Shree Marutinand falling/rising?

As of 26-Sep, Shree Marutinandan Tubes Ltd is experiencing a price increase, currently at Rs 114.00, reflecting a rise of 8.0 (7.55%). The stock has shown strong performance today, outperforming its sector by 9.1% and achieving a consecutive gain over the last two days with a total return of 11.76%. Despite this positive momentum, the stock has faced erratic trading patterns, having not traded on one day out of the last 20 days, and there has been a notable decline in investor participation, with delivery volume dropping by 79.17% against the 5-day average. Additionally, while the stock is trading above its 5-day, 20-day, 50-day, and 100-day moving averages, it remains below its 200-day moving average, indicating mixed signals regarding its longer-term trend.
Broader market context shows that Shree Marutinandan Tubes Ltd has significantly outperformed the benchmark Sensex in the short term, with a 1-week return of +10.68% compared to the Sensex's -2.66%. Over the past month, the stock has gained 14.46%, while the Sensex has seen a slight decline of 0.45%. However, the stock's year-to-date performance remains negative at -36.26%, contrasting with the Sensex's positive return of +2.93%. This divergence highlights the stock's recent recovery amidst broader market challenges, suggesting that specific factors related to the company may be driving its current upward movement.