Why is Anik Industries falling/rising?

As of 17-Oct, Anik Industries Ltd is experiencing a price increase, currently priced at Rs 82.60, reflecting a rise of Rs 4.33 or 5.53%. The stock has shown strong performance, gaining 34.55% over the last eight days and outperforming its sector by 4.36% today. Additionally, the stock has demonstrated impressive returns over various periods, including a 21.78% increase over the past week and a 25.15% increase over the past month. The stock's trading volume has also surged, with a delivery volume increase of 530.95% compared to the five-day average, indicating rising investor participation. However, there is no information available regarding positive or negative factors that could further explain the stock's recent movement.
In the broader market context, Anik Industries has significantly outperformed the benchmark Sensex in the short term, with a 21.78% return over the past week compared to the Sensex's 1.76% increase. This trend of outperformance continues over the past month, where the stock gained 25.15% against the Sensex's 1.52%. Despite a year-to-date decline of 28.33% compared to the Sensex's 7.44% increase, the stock's recent momentum suggests a recovery phase, particularly in the short term, as it continues to attract investor interest and liquidity.