Why is Bhandari Hosiery falling/rising?

As of 23-Oct, Bhandari Hosiery Exports Ltd is experiencing a price increase, with the current price at 4.84, reflecting a change of 0.1 or 2.11% upward. The stock has shown positive momentum, gaining for the last three days and achieving a total return of 7.32% during this period. Additionally, it has outperformed its sector by 0.84%. In terms of performance against benchmarks, the stock has a one-week return of +6.61%, which is significantly higher than the Sensex's +1.30%. However, it is important to note that the stock's year-to-date performance remains negative at -31.35%, indicating a longer-term struggle despite recent gains. There is no information available regarding positive or negative factors that could further explain the stock's movement.
Broader Market Context: The stock's recent performance contrasts with the broader market, as it has outperformed the Sensex in the short term but lags behind in longer time frames, such as the year-to-date and one-year returns. The Sensex has gained 8.21% year-to-date, while Bhandari Hosiery has declined significantly. The rising investor participation, indicated by a 45.48% increase in delivery volume, suggests growing interest in the stock, which may contribute to its recent price rise. Despite this, the stock remains below its longer-term moving averages, indicating potential challenges ahead in maintaining this upward trajectory.