Why is Steel Strips Inf falling/rising?

As of 30-Oct, Steel Strips Infrastructures Ltd is experiencing a price increase, with the current price at Rs 24.40, reflecting a rise of Rs 1.26 or 5.45%. The stock has shown a positive trend today, gaining after three consecutive days of decline, and opened with a significant gap up of 3.67%. It reached an intraday high of Rs 24.47, indicating strong performance. Additionally, the stock has outperformed its sector by 5.08% today, and there has been a rise in investor participation, with delivery volume increasing by 1.94% compared to the five-day average. However, the stock's performance over the past month shows a decline of 7.85%, and year-to-date, it is down 27.57%, suggesting a challenging longer-term trend.
In the broader market context, the Sensex has shown a slight decline of 0.18% over the past week, while Steel Strips Infrastructures Ltd has gained 3.00% in the same period, indicating that the stock is performing better than the benchmark in the short term. Despite its recent gains, the stock's year-to-date performance remains significantly lower than the Sensex's increase of 8.02%. This contrast highlights the stock's volatility and the potential for recovery, although it still lags behind the broader market trends over longer periods.