Why is Ashnisha Indus. falling/rising?

As of 04-Nov, Ashnisha Industries Ltd is currently priced at 3.29, with no change in price (0.00%). The stock has shown a positive performance today, outperforming its sector by 1.09%. Additionally, it is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a strong upward trend. The delivery volume has significantly increased by 250.72% compared to the 5-day average, suggesting rising investor participation. Over the past week, the stock has gained 7.87%, while it has risen 19.98% over the past month, contrasting with its year-to-date decline of 7.11% and a one-year decline of 19.05%.
Broader Market Context: In comparison to the benchmark Sensex, which has decreased by 1.38% over the past week and increased by 2.77% over the past month, Ashnisha Industries Ltd's recent performance indicates a strong relative strength. The stock's ability to outperform the benchmark in the short term suggests that it is gaining traction among investors despite its longer-term challenges, as evidenced by its negative returns over the past year and three years. Overall, the current upward movement in Ashnisha Industries Ltd's stock price can be attributed to increased investor interest and positive short-term performance relative to the broader market.