Why is Srigee DLM falling/rising?

As of 08-Oct, Srigee DLM Ltd's stock price is currently at Rs 145.80, reflecting an increase of Rs 13.6 or 10.29%. The stock has shown a trend reversal, gaining after two consecutive days of decline. Today, it outperformed its sector by 12.34% and reached an intraday high of Rs 145.8. Despite this positive movement, the stock has experienced high volatility with an intraday volatility of 5.71%. Over the past week, the stock has increased by 6.38%, although it has seen a significant decline of 16.64% over the past month. There is a notable rise in investor participation, with delivery volume increasing by 113.11% compared to the 5-day average, indicating a growing interest in the stock.
Broader Market Context: In comparison to the benchmark Sensex, which has risen by 0.98% over the past week, Srigee DLM's performance has been stronger, suggesting that the stock is gaining traction relative to the broader market. However, the consumer durables sector, which includes Srigee DLM, has declined by 2.24%, indicating that while the stock is performing well today, it is still facing challenges within its sector. The stock's current price movement and increased trading volume may reflect a recovery sentiment among investors, despite the overall negative trend in the sector and the stock's recent monthly performance.