Why is Sibar Auto Parts falling/rising?

As of 12-Nov, Sibar Auto Parts Ltd is experiencing a price increase, with the current price at 9.59, reflecting a rise of 0.48 or 5.27%. The stock has shown a strong performance today, outperforming its sector by 4.42% and achieving consecutive gains over the last four days, resulting in a total return of 12.56% during this period. Additionally, the stock's delivery volume has increased by 27% compared to the five-day average, indicating rising investor participation. However, it is important to note that the stock's year-to-date performance remains negative at -24.49%, and it is currently trading below its longer-term moving averages, which may suggest underlying challenges despite the recent gains.
In the broader market context, Sibar Auto Parts has outperformed the Sensex in the short term, with a one-week return of +8.73% compared to the Sensex's +1.21%. This indicates that while the stock is gaining traction recently, it has struggled over longer periods, such as the year-to-date and one-year returns, where it has significantly underperformed the benchmark. The contrasting performance highlights a potential recovery phase for the stock, but the overall negative trends in longer-term performance suggest caution among investors.