Why is W H Brady falling/rising?

As of 24-Sep, W H Brady & Co Ltd's stock price is currently at 737.60, reflecting an increase of 13.85 or 1.91%. The stock has shown a positive trend today, gaining after two consecutive days of decline. Although it opened lower with a loss of 2.38%, it reached an intraday high of Rs 758.5, indicating a recovery during the trading session. The stock has outperformed its sector by 2.16%, and there has been a notable increase in investor participation, with delivery volume rising by 54.27% compared to the five-day average. However, the stock's performance year-to-date remains negative at -18.36%, despite a strong three-year return of +288.21%. There is no information available regarding positive or negative factors that may have influenced this movement.
Broader Market Context: In the context of the broader market, the stock has outperformed the Sensex over the past week, gaining 8.95% compared to the benchmark's decline of 1.18%. This short-term performance indicates a strong relative strength against the market backdrop. However, the stock's year-to-date performance is significantly lagging behind the Sensex, which has increased by 4.58% during the same period. This divergence suggests that while the stock is experiencing a short-term recovery, it has struggled to maintain momentum in the longer term compared to the overall market.