Why is Uni Abex Alloy falling/rising?

As of 03-Sep, Uni Abex Alloy Products Ltd is experiencing a price increase, currently at Rs 3,250.00, which reflects a rise of 57.95 or 1.82%. The stock has been gaining for the last three days, with a total return of 2.2% during this period. It outperformed its sector by 1.5% today and reached an intraday high of Rs 3,280, marking a 2.76% increase. However, it is important to note that the stock's delivery volume has decreased by 4.92% compared to the five-day average, indicating a potential decline in investor participation. In terms of longer-term performance, the stock has shown a year-to-date increase of 20.06%, significantly outperforming the Sensex, which has risen only 3.11% in the same timeframe.
Broader market context shows that while Uni Abex has performed well in the short term, with a 4.49% increase over the past week compared to a slight decline of 0.27% in the Sensex, its one-month performance is down by 4.43%, which is worse than the benchmark's minor decrease of 0.04%. This suggests that despite recent gains, the stock has faced challenges in the longer term, as evidenced by a 7.96% decline over the past year compared to a 2.41% drop in the Sensex. Overall, the stock's recent upward movement can be attributed to short-term gains and sector outperformance, but it is tempered by declining investor participation and mixed longer-term performance.