Why is SP Refractories falling/rising?

As of 24-Sep, SP Refractories Ltd is experiencing a price increase, currently at 119.20, reflecting a rise of 5.65 or 4.98%. The stock has shown a strong performance today, outperforming its sector by 5.92%. Additionally, the delivery volume has increased by 11.11% compared to the 5-day average, indicating rising investor participation. However, despite today's positive movement, the stock has had a challenging month, with a 1-month return of -18.91%, and a year-to-date decline of -31.83%. The stock's current price is higher than the 5-day moving averages but remains below the longer-term moving averages, suggesting mixed signals in terms of momentum.
In the broader market context, the stock's recent performance contrasts sharply with the benchmark Sensex, which has seen a slight gain of 0.75% over the past month. Over the past week, SP Refractories has outperformed the Sensex, which declined by 1.08%, indicating a short-term recovery relative to the broader market. However, the stock's longer-term performance remains concerning, with significant declines over the past year and year-to-date compared to the Sensex's positive returns. This divergence highlights the stock's volatility and the challenges it faces despite today's upward movement.