Why is Singer India falling/rising?

As of 15-Sep, Singer India Ltd's stock price is currently at Rs 87.93, reflecting an increase of Rs 6.59, or 8.1%. The stock has shown strong performance today, outperforming its sector by 7.88% and has been on a consecutive gain streak for the last two days, accumulating an 8.41% return during this period. It reached an intraday high of Rs 95, marking a 16.79% increase. Despite this positive movement, there has been a notable decline in investor participation, with delivery volume falling by 78.41% against the 5-day average. The stock is trading above its moving averages across various time frames, indicating a bullish trend, although it has experienced high volatility today with an intraday volatility of 7.95%.
In the broader market context, Singer India's short-term return over the past week is +1.44%, which is slightly better than the Sensex's return of +1.24%. Over the past month, the stock has significantly outperformed the benchmark, with a return of +23.15% compared to the Sensex's +1.47%. However, over the longer term, the stock has underperformed the Sensex on a yearly basis, with a decline of 5.86% versus the benchmark's -1.33%. This mixed performance suggests that while the stock is currently experiencing a positive trend, its longer-term outlook remains less favorable compared to the broader market.