Why is Shree Marutinand falling/rising?

As of 01-October, Shree Marutinandan Tubes Ltd is experiencing a price increase, currently at Rs 101.50, which reflects a rise of Rs 6.5 or 6.84%. The stock has shown a positive trend today, outperforming its sector by 4.36% and opening with a gain of 4.42%. After two consecutive days of decline, the stock has reversed its trend, reaching an intraday high of Rs 102, which is a 7.37% increase. Despite a year-to-date decline of 43.25% and a one-year drop of 55.29%, the stock has gained 12.78% over the past month, indicating some recovery. The rising investor participation, with a delivery volume increase of 42.86% against the 5-day average, suggests growing interest in the stock, although there is no available information on positive or negative factors impacting the stock.
In the broader market context, Shree Marutinandan Tubes Ltd has outperformed the Sensex over the past week, where the stock fell by 0.49% compared to the benchmark's 0.90% decline. However, the stock's year-to-date performance remains significantly lower than the Sensex, which has increased by 3.64% during the same period. This indicates that while the stock is currently experiencing a positive movement, it has struggled overall compared to the broader market trends. The stock's liquidity is adequate for trading, based on 2% of the 5-day average traded value, which may also contribute to its recent price movements.