Why is BDH Industries falling/rising?

As of 07-Nov, BDH Industries Ltd is experiencing a price increase, currently at Rs 454.00, which reflects a rise of Rs 20.8 or 4.8%. The stock has shown strong performance today, having outperformed its sector by 5.14% and achieving a consecutive gain over the last two days with a total return of 10.02%. Despite opening lower with a loss of 3.05%, it reached an intraday high of Rs 454.85, indicating positive momentum. Over the past week, the stock has gained 8.91%, while its year-to-date return stands at an impressive 33.04%, significantly outperforming the Sensex, which has only increased by 6.50% during the same period. In the broader market context, BDH Industries' recent performance contrasts sharply with the Sensex, which has declined by 0.86% over the past week. The stock's strong upward movement is supported by a notable increase in investor participation, with delivery volume rising by 771% compared to the five-day average. This suggests heightened interest and confidence among investors, contributing to the stock's positive trajectory. Additionally, the stock remains above its longer-term moving averages, indicating a bullish trend, although it is currently below its 20-day moving average. Overall, the combination of strong short-term performance and increased investor activity is driving the stock's rise.