Why is Acknit Indus. falling/rising?

As of 15-Jul, Acknit Industries Ltd is experiencing a price increase, currently at Rs 294.60, with a change of 3.7, representing a rise of 1.27%. The stock has been gaining for the last two days, with a total return of 3.73% during this period. It reached an intraday high of Rs 305, reflecting a 4.85% increase. The stock is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a positive trend. However, there has been a notable decline in investor participation, with delivery volume dropping by 42.9% compared to the 5-day average. Unfortunately, there is no information available regarding positive or negative factors that could further explain the stock's recent movement.
In the broader market context, Acknit Industries Ltd has outperformed the benchmark Sensex in the short term, with a 1.59% increase over the past week compared to a decline of 1.36% for the Sensex. Over the last month, the stock has shown a significant return of 12.44%, while the Sensex has only increased by 1.79%. Despite a year-to-date decline of 3.41% for the stock against a 5.67% rise in the Sensex, its long-term performance over three and five years has been strong, with returns of 110.05% and 405.32%, respectively. This suggests that while there may be short-term fluctuations, the stock has demonstrated resilience and growth potential over a longer horizon.