Why is Sri Ramakr. Mill falling/rising?

As of 17-Jul, Sri Ramakrishna Mills (Coimbatore) Ltd is experiencing a price increase, currently at Rs 58.40, which reflects a rise of 1.8 or 3.18%. Today's price summary indicates that the stock has outperformed its sector by 2.9% and has gained after five consecutive days of decline. Although the stock opened with a loss of 3.36% today, it reached an intraday high of Rs 60.8, showcasing significant volatility with a wide trading range of Rs 6.1. Despite this positive movement, the stock has shown a year-to-date decline of 11.90% and a one-year decline of 13.03%, indicating a challenging performance over a longer timeframe. Additionally, there has been a decrease in investor participation, with delivery volume falling by 10.9% against the five-day average, which may impact future price movements.
In the broader market context, the stock's recent performance contrasts with the benchmark Sensex, which has seen a modest gain of 0.83% over the past month. While Sri Ramakrishna Mills has posted a strong one-month return of 12.29%, its year-to-date performance remains significantly below the benchmark's 5.27% increase. This divergence suggests that while the stock is currently rebounding, it has faced substantial challenges compared to the overall market. The combination of high volatility and fluctuating investor interest may contribute to the stock's recent price movements, reflecting both short-term recovery and long-term struggles.