Why is SM Auto Stamping falling/rising?

As of 17-Oct, SM Auto Stamping Ltd is experiencing a price increase, with its current price at Rs 29.69, reflecting a rise of 2.89 (10.78%). The stock has shown strong performance today, outperforming its sector by 11.59% and opening with a gain of 10.78%. It has maintained this price throughout the trading session, reaching an intraday high of Rs 29.69. Additionally, the stock's performance over the past week has been positive, with a return of 10.78%, while it has also seen a significant increase in delivery volume, rising by 150% against the 5-day average. However, it is important to note that the positive and negative factors dashboard is unavailable, which limits a comprehensive understanding of the underlying reasons for the stock's movement.
Broader Market Context: In comparison to the benchmark Sensex, which has increased by 1.76% over the past week, SM Auto Stamping's performance is notably stronger. This indicates that the stock is gaining traction in the short term relative to the broader market. Despite its recent gains, the stock has faced challenges over the longer term, with a year-to-date decline of 21.87% and a one-year drop of 34.01%, contrasting sharply with the Sensex's positive return of 7.44% over the same period. This suggests that while the stock is currently rising, it has a history of underperformance that investors should consider.