Why is Solitaire Mach. falling/rising?

As of 04-Nov, Solitaire Machine Tools Ltd is experiencing a price increase, currently at Rs 121.00, which reflects a rise of Rs 3.95 or 3.37%. The stock has shown a positive trend today, gaining after two consecutive days of decline, and opened with a gain of 2.26%. It reached an intraday high of Rs 121.85, indicating strong performance. Over the past week, the stock has outperformed its sector by 3.46%, although it has seen a decrease of 2.14% over the past month. Year-to-date, the stock has increased by 10.81%, significantly outperforming the Sensex, which has risen by 6.81%. However, there is a notable decline in investor participation, with delivery volume dropping by 75.82% compared to the five-day average, which may indicate a potential concern for future momentum.
Broader Market Context: In the short term, Solitaire Machine Tools Ltd has outperformed the Sensex, which has declined by 1.38% over the past week while the stock itself has risen by 5.72%. This divergence suggests that the stock is gaining traction despite broader market challenges. The stock's performance over the last year shows a substantial increase of 16.68%, compared to the Sensex's 5.94%, indicating a strong relative strength. The liquidity of the stock remains adequate for trading, as it is based on 2% of the five-day average traded value, which supports its ability to attract investors despite the recent drop in delivery volumes.