Why is Siyaram Recycli. falling/rising?

As of 23-Sep, Siyaram Recycling Industries Ltd is experiencing a price increase, with its current price at Rs 115.00, reflecting a rise of Rs 2.05 or 1.81%. The stock has shown a positive trend today, gaining after two consecutive days of decline. It reached an intraday high of Rs 115.95, indicating a 2.66% increase, although it also saw a low of Rs 108.6 earlier in the day. Despite today's performance, the stock's year-to-date return is down by 19.01%, contrasting with a 5.07% increase in the benchmark Sensex. Additionally, there has been a notable decline in investor participation, with delivery volume dropping by 50.62% compared to the five-day average, which may indicate a lack of confidence among investors.
Broader Market Context: In the short term, Siyaram Recycling has outperformed the Sensex, which has seen a slight decline of 0.34% over the past week, while the stock itself has gained 1.50%. This suggests that the stock's recent upward movement is somewhat isolated from broader market trends, which have been less favorable. The stock's performance today, combined with its ability to reverse a two-day downward trend, may reflect a temporary recovery, although its long-term performance remains weak compared to the benchmark, particularly over the year and year-to-date periods.