Why is Balkrishna Paper falling/rising?

As of 22-Sep, Balkrishna Paper Mills Ltd is experiencing a price increase, currently at 22.75, reflecting a change of 0.71 or 3.22% upward. The stock has outperformed its sector by 3.6% today and is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a positive trend in its recent performance. However, there has been a notable decline in investor participation, with delivery volume dropping by 61.07% against the 5-day average, which may suggest a decrease in trading interest. Over the past week, the stock has gained 3.88%, significantly outperforming the Sensex, which only increased by 0.46%.
In the broader market context, while Balkrishna Paper has shown strong short-term performance, it has underperformed year-to-date with a decline of 8.74% compared to the Sensex's gain of 5.15%. Over the past year, the stock has also faced challenges, with a decrease of 15.27%, contrasting with the Sensex's smaller decline of 2.82%. Despite these longer-term struggles, the recent upward movement may be attributed to short-term trading dynamics and technical indicators, although the falling investor participation could pose risks for sustained growth.