Why is Uni Abex Alloy falling/rising?

As of 04-Nov, Uni Abex Alloy Products Ltd is experiencing a price increase, currently at Rs 3,355.00, reflecting a rise of 34.5 points or 1.04%. The stock has shown a strong performance today, outperforming its sector by 2.21% and has been on a consecutive gain streak for the last five days, accumulating a total return of 6.95% in that period. Additionally, the stock is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a positive trend. There has also been a notable increase in investor participation, with delivery volume rising by 40.16% compared to the 5-day average, suggesting heightened interest in the stock.
In the broader market context, while Uni Abex Alloy has outperformed the Sensex over the past week with a return of +6.95% compared to the benchmark's -1.38%, it has underperformed over the past month with a decline of -8.41% against the Sensex's +2.77%. Year-to-date, however, the stock has shown strong performance with a return of +23.94%, significantly surpassing the Sensex's +6.81%. This indicates that despite some recent volatility, the stock has maintained a robust upward trajectory over a longer time frame, contributing to its current rise.