Why is Universal Auto. falling/rising?

As of 30-Oct, Universal Autofoundry Ltd is experiencing a price increase, currently at Rs 67.70, which reflects a rise of Rs 3.08 or 4.77%. The stock has shown a positive trend recently, gaining 4.85% over the last two days and outperforming its sector by 4.9% today. Despite this recent uptick, the stock has faced significant declines over the longer term, with a year-to-date drop of 29.15% and a one-year decline of 54.15%. The stock's performance today included an intraday high of Rs 69.39, although it is trading below its 100-day and 200-day moving averages. Additionally, there has been a decrease in investor participation, with delivery volume falling by 17.32% compared to the five-day average, indicating a potential concern for sustained momentum.
Broader Market Context: In the short term, Universal Autofoundry Ltd has outperformed the Sensex, which has seen a slight decline of 0.18% over the past week, while the stock itself has increased by 3.01%. However, over the past month, the stock has lagged behind the benchmark, gaining only 2.92% compared to the Sensex's 5.15% increase. This contrast highlights the stock's volatility and challenges in maintaining investor confidence, especially given its substantial losses over the longer time frames. The broader market context suggests that while there may be short-term gains, the overall performance relative to the benchmark indicates a struggle for recovery.