Why is Addi Industries falling/rising?

As of 17-Jul, Addi Industries Ltd is experiencing a price increase, currently at 96.86, reflecting a rise of 1.89 or 1.99%. The stock has shown positive momentum, gaining for the last two days with a total return of 4.02% during this period. Despite a recent decline of 12.15% over the past month, the stock has significantly outperformed the benchmark Sensex year-to-date with a remarkable increase of 131.39%. Additionally, the stock is currently trading above its 50-day, 100-day, and 200-day moving averages, indicating a generally positive trend. The rising investor participation, evidenced by a 30.23% increase in delivery volume, suggests growing interest in the stock.
In the broader market context, while Addi Industries has outperformed the sector by 1.71% today, it has underperformed the Sensex over the past week and month, which saw declines of 1.12% and gains of 0.83%, respectively. This indicates that while the stock is currently on an upward trajectory, it has faced challenges in the short term compared to the benchmark. The liquidity of the stock remains adequate, allowing for sufficient trading activity, which may contribute to its recent gains. Overall, the combination of positive short-term performance and increased investor interest appears to be driving the stock's rise despite its recent struggles against the broader market trends.