Why is Chennai Ferrous falling/rising?

As of 22-Sep, Chennai Ferrous Industries Ltd is experiencing a price increase, currently at 138.15, reflecting a change of 0.55 or 0.4% upward. The stock has shown strong performance recently, with a 2.30% increase over the past week and an impressive 8.44% rise over the last month. It has outperformed its sector by 0.77% today and has been gaining for the last two days, accumulating a total return of 0.69% in that period. Additionally, the stock is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a positive trend. Rising investor participation is also notable, with a 19.61% increase in delivery volume compared to the 5-day average, suggesting increased interest in the stock. There are no specific positive or negative factors available to further explain the stock's recent movement.
In the broader market context, Chennai Ferrous has outperformed the Sensex, which has only increased by 0.46% over the past week, while the stock itself has gained 2.30%. Year-to-date, the stock has a return of 5.06%, slightly trailing the Sensex's 5.15%. However, over the longer term, the stock has significantly outperformed the benchmark over the past five years, with a staggering increase of 2820.72% compared to the Sensex's 117.73%. This strong long-term performance, combined with recent positive movements, indicates a favorable sentiment towards Chennai Ferrous Industries Ltd in the current market environment.