Why is Shri Balaji falling/rising?

As of 10-Sep, Shri Balaji Valve Components Ltd is experiencing a price increase, with its current price at Rs 120.45, reflecting a rise of Rs 9.45 or 8.51%. The stock opened with a gain of 3.56% today and reached an intraday high of Rs 120.45. Over the past week, the stock has outperformed the sector by 7.4%, and it has shown a significant return of 10.50% over the last week and 19.26% over the past month. However, it is important to note that the stock is down 24.72% year-to-date and has declined 55.22% over the past year. The stock's liquidity appears sufficient for trading, although there is no available information on positive or negative factors impacting its recent movement.
Broader Market Context: In comparison to the benchmark Sensex, which has gained 1.06% over the past week and 1.96% over the past month, Shri Balaji's short-term performance has been notably stronger, indicating a positive sentiment towards the stock relative to the broader market. Despite its significant year-to-date and yearly declines, the recent upward movement suggests a potential recovery phase, particularly as it has been trading above its shorter-term moving averages, although it remains below its 200-day moving average. This performance indicates that while the stock has faced challenges, recent trends may reflect a shift in investor confidence.