Why is Thaai falling/rising?

As of 16-Sep, Thaai Casting Ltd is experiencing a price increase, with its current price at 130.00, reflecting a change of 1.75 or 1.36% upward. The stock has shown strong performance recently, outperforming its sector by 0.39% today. It is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a positive trend. Additionally, there has been a significant rise in investor participation, with delivery volume increasing by 75.27% compared to the 5-day average. Over the past week, the stock has gained 3.54%, and in the last month, it has surged by 23.75%, contrasting with a year-to-date decline of 8.39% and a one-year drop of 27.74%. There are no positive or negative factors explicitly mentioned, but the overall upward movement suggests a favorable sentiment among investors.
In the broader market context, Thaai Casting Ltd's recent short-term performance has outpaced the Sensex, which has only increased by 1.49% over the past week and 2.47% over the past month. This indicates that while the stock has been recovering, the benchmark index has not performed as strongly in the same timeframe. Despite a year-to-date decline compared to the Sensex's gain of 6.74%, the recent upward momentum in Thaai's price suggests a potential turnaround, driven by increased trading activity and positive investor sentiment.