Why is Chart.Logistics falling/rising?

As of 17-Nov, Chartered Logistics Ltd's stock price is currently at 8.10, reflecting an increase of 0.19 or 2.4%. The stock has shown a strong performance recently, gaining 7.28% over the last two days and outperforming its sector by 2.2% today. Additionally, the stock has outperformed the benchmark Sensex over the past week, with a return of 8.14% compared to the Sensex's 1.69%. The stock is currently trading above its 5-day and 20-day moving averages, indicating positive momentum, although it remains below its longer-term moving averages. Rising investor participation is evident, with a significant increase in delivery volume, which has risen by 49.46% against the 5-day average.
In the broader market context, Chartered Logistics Ltd's short-term performance is notably stronger than that of the Sensex, which suggests that investor sentiment towards the stock is improving despite its year-to-date decline of 34.41%. While the stock has struggled over the longer term, with a 1-year decline of 19.00%, its recent gains indicate a potential turnaround. The overall market has shown positive movement, with the Sensex up 8.72% year-to-date, but Chartered Logistics Ltd's recent performance highlights a divergence that may attract further investor interest.