Why is Shree Metalloys falling/rising?

As of 28-Oct, Shree Metalloys Ltd's stock price is currently at Rs 38.90, reflecting an increase of Rs 3.05 or 8.51%. The stock has shown a strong performance today, outperforming its sector by 9.26% and has been on a consecutive gain streak for the last three days, accumulating a total return of 10.89% during this period. It opened with a gain of 2.93% and reached an intraday high of Rs 38.99, although it also experienced a low of Rs 35.1. The stock has been highly volatile today, with an intraday volatility of 5.24%. Additionally, there has been a notable increase in investor participation, with delivery volume rising by 317.86% compared to the 5-day average. However, the positive and negative factors dashboard is unavailable, which limits further insights into specific influences on the stock's movement.
Broader market context indicates that Shree Metalloys has outperformed the benchmark Sensex in the short term, with a 1-week return of 5.08% compared to the Sensex's 0.24%. Over the past month, the stock has gained 11.40%, while the Sensex has increased by 5.22%. Despite these positive short-term returns, the stock has a year-to-date decline of 19.79%, contrasting with the Sensex's gain of 8.30%. This suggests that while the stock is currently experiencing a rise, it has faced significant challenges over a longer time frame.