Why is CHD Chemicals falling/rising?

As of 29-Oct, CHD Chemicals Ltd's stock price is rising, currently at 5.76, reflecting an increase of 0.36 or 6.67%. The stock has outperformed its sector today by 5.67%, and the delivery volume has seen a significant rise of 40.37% compared to the 5-day average, indicating increased investor participation. However, despite this positive movement, the stock has underperformed over the longer term, with a year-to-date decline of 20.66% and a staggering 89.85% drop over the past five years. Unfortunately, there are no specific positive or negative factors available to further explain the stock's recent movement.
In the broader market context, CHD Chemicals' short-term performance of +4.73% over the past week significantly outpaces the Sensex's return of +0.68% during the same period. However, the stock's one-month return of +1.95% is notably lower than the Sensex's +5.76%, indicating that while the stock is experiencing a short-term rise, it still lags behind the benchmark in the medium term. Overall, the recent uptick in price may be attributed to increased trading activity and investor interest, despite the stock's long-term challenges.