Why is Somi Conv.Belt. falling/rising?

As of 27-Oct, Somi Conveyor Beltings Ltd's stock price is currently at 158.00, reflecting an increase of 4.3, or 2.8%. The stock has shown strong performance recently, gaining 9.46% over the last five days and outperforming its sector by 2.39% today. It opened with a gain of 4.1% and reached an intraday high of Rs 160.9. Additionally, the stock has performed well over the past week and month, with returns of +6.87% and +18.04%, respectively. However, it has a year-to-date decline of -21.78%. There is a notable increase in investor participation, with delivery volume rising by 57.68% against the five-day average, indicating growing interest in the stock.
In the broader market context, the Sensex has only increased by 0.49% over the past week and 5.41% over the past month, which highlights Somi Conveyor Beltings Ltd's strong short-term performance relative to the benchmark. While the stock has underperformed on a year-to-date basis compared to the Sensex, which is up 8.50%, its significant gains over the last three and five years, at +252.68% and +634.88% respectively, suggest a long-term positive trend. Overall, the combination of recent price gains, increased trading volume, and positive short-term returns relative to the benchmark contributes to the stock's upward movement.