Why is United Drilling falling/rising?

As of 22-Sep, United Drilling Tools Ltd is experiencing a price increase, currently at Rs 205.55, reflecting a rise of Rs 2.8 or 1.38%. The stock has shown positive performance today, outperforming its sector by 1.88% and achieving a consecutive gain over the last two days with a total return of 2.39%. It reached an intraday high of Rs 207.75, indicating strong short-term momentum. However, despite this recent uptick, the stock has underperformed over the longer term, with a year-to-date decline of 22.26% and a three-year drop of 41.94%. Additionally, there has been a notable decrease in investor participation, with delivery volume falling by 34.57% against the five-day average, which could indicate waning interest despite the recent price rise.
Broader market context shows that while United Drilling has gained 2.24% over the past week, the benchmark Sensex has only increased by 0.46%, highlighting the stock's relative strength in the short term. However, over the past month, the stock has declined by 0.87%, contrasting with the Sensex's gain of 1.05%, suggesting that the stock's recent performance may not be sustainable in the face of broader market trends. Overall, while the stock is currently rising, its longer-term performance remains concerning, and the drop in investor participation could pose challenges ahead.