Why is W S Inds. falling/rising?

As of 12-Nov, W S Industries (India) Ltd is experiencing a price increase, currently at Rs 85.00, which reflects a rise of 5.5 or 6.92%. The stock has shown strong performance recently, outperforming its sector by 6.36% today and achieving a consecutive gain over the last two days with an overall return of 8.57% during this period. Additionally, the stock has performed well over the past week and month, with returns of +5.25% and +15.77%, respectively. However, it is important to note that the stock has a year-to-date decline of -26.88% and a one-year decline of -34.31%. The stock is currently trading above its moving averages across various time frames, indicating a positive trend, although there has been a significant drop in investor participation, with delivery volume decreasing by 62.49% compared to the five-day average.
In the broader market context, the stock's short-term performance has significantly outpaced the benchmark Sensex, which has only increased by 1.21% over the past week and 2.38% over the past month. This indicates that W S Industries is gaining traction relative to the overall market, despite its longer-term underperformance compared to the benchmark, which has risen by 8.10% year-to-date. The liquidity of the stock remains adequate for trading, suggesting that while there are fluctuations in investor participation, the stock is still accessible for trades. Overall, the recent price increase can be attributed to strong short-term performance metrics, despite the challenges reflected in longer-term returns and declining investor engagement.