Why is Super Iron falling/rising?

As of 16-Sep, Super Iron Foundry Ltd's stock price is currently at Rs 50.80, reflecting an increase of Rs 1.1 or 2.21%. Today, the stock has shown a trend reversal by gaining after three consecutive days of decline, opening with a gap up of 2.41% and reaching an intraday high of Rs 50.9. However, it has underperformed in the longer term, with a 1-month return of -5.75% compared to the Sensex's gain of 2.21%. Additionally, there has been a significant drop in investor participation, with delivery volume falling by 60% against the 5-day average, indicating a potential concern for sustained upward momentum.
Broader Market Context: In the short term, Super Iron Foundry's performance has lagged behind the benchmark, as evidenced by its 1-week return of -0.10% versus the Sensex's increase of 1.58%. This underperformance highlights the stock's challenges in gaining traction despite today's positive movement. The broader market context suggests that while the stock has experienced a brief rebound, it remains vulnerable to fluctuations in investor sentiment and overall market conditions, particularly given its recent erratic trading patterns and declining liquidity.