Why is Adinath Textiles falling/rising?

As of 30-Sep, Adinath Textiles Ltd is experiencing a price increase, with its current price at Rs 26.41, reflecting a rise of 1.25 (4.97%). The stock has shown strong performance recently, gaining 62.52% over the last 10 days and outperforming its sector by 5.11% today. It opened with a gain of 4.97% and has been trading at this price since. Additionally, the stock is currently above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bullish trend. The delivery volume has also increased by 31.56% compared to the 5-day average, suggesting rising investor participation. There is no information available regarding positive or negative factors that could influence the stock's movement.
Broader market context shows that Adinath Textiles has significantly outperformed the benchmark Sensex in the short term, with a 1-week return of +27.46% compared to the Sensex's -2.23%. Over the past month, the stock has risen by 34.74%, while the Sensex has only increased by 0.57%. However, it is worth noting that the stock has underperformed on a year-to-date basis, with a return of -3.44% compared to the Sensex's +2.72%. This divergence highlights the stock's recent strength in a challenging broader market environment.