Why is Ambani Orgochem falling/rising?

As of 04-Jul, Ambani Orgochem Ltd's stock price is rising, currently at 129.50, reflecting an increase of 6.15 or 4.99%. The stock has shown strong performance today, outperforming its sector by 5.15%. It is also trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a positive trend. Additionally, there has been a significant rise in investor participation, with delivery volume increasing by 108.33% compared to the 5-day average. Over the past week, the stock has gained 12.85%, while it has increased by 19.63% over the past month, demonstrating a robust recovery despite a year-to-date decline of 9.44%.
In the broader market context, while Ambani Orgochem's recent performance has been strong, the benchmark Sensex has seen a slight decline of 0.69% over the past week. This indicates that the stock is outperforming the market in the short term. However, it is important to note that the stock has underperformed the benchmark on a year-to-date basis, with a decline of 9.44% compared to the Sensex's gain of 7.68%. Despite this, the stock's impressive one-year return of 26.96% suggests a strong recovery potential, especially in light of the recent positive trading activity and increased liquidity.