Why is Virat Crane Inds falling/rising?

As of 30-Oct, Virat Crane Industries Ltd is experiencing a price increase, currently at Rs 46.10, which reflects a rise of 3.61 or 8.5%. The stock has shown strong performance today, outperforming its sector by 8.89% and has gained consecutively for the last two days, accumulating a total return of 17.66% during this period. It opened with a gain of 3.06% and reached an intraday high of Rs 46.5, indicating positive momentum. Additionally, the stock has demonstrated significant volatility with an intraday fluctuation of 5.06%. The rising investor participation is evident with a delivery volume increase of 40.54% compared to the 5-day average, suggesting heightened interest among investors.
In the broader market context, the stock's performance over the past week shows a remarkable increase of 20.46%, while the benchmark Sensex has slightly declined by 0.18%. This indicates that Virat Crane Industries Ltd is significantly outperforming the broader market in the short term. However, it is important to note that the stock has a year-to-date decline of 25.09%, contrasting with the Sensex's gain of 8.02%, highlighting a challenging longer-term outlook despite recent gains. Overall, the current upward movement can be attributed to strong short-term performance and increased investor engagement, despite the stock's historical underperformance relative to the benchmark.