Why is Solid Stone Co falling/rising?

As of 10-Oct, Solid Stone Company Ltd's stock price is currently at Rs 34.95, reflecting an increase of Rs 2.3, or 7.04%. The stock has shown a strong performance today, outperforming its sector by 5.39% and has been on a consecutive gain streak for the last two days, accumulating a total return of 8.07% during this period. It opened with a significant gap up of 5.7% and reached an intraday high of Rs 36.6, which is a 12.1% increase. However, despite this positive movement, the stock has experienced a decline of 2.92% year-to-date and a substantial drop of 34.73% over the last three years. Additionally, there has been a notable decrease in investor participation, with delivery volume falling by 62.32% against the five-day average, indicating potential concerns about sustained interest in the stock.
Broader market context shows that Solid Stone Company Ltd's short-term return of 3.59% over the past week significantly outperforms the Sensex, which has only increased by 1.59% in the same timeframe. However, the stock's year-to-date performance is lagging behind the benchmark, which has gained 5.58% during the same period. This contrast highlights a mixed sentiment surrounding the stock, where recent gains may not fully reflect its longer-term struggles compared to the broader market. The high volatility observed today, with an intraday fluctuation of 5.6%, suggests that while there is some positive momentum, the stock remains susceptible to rapid changes in investor sentiment.