Why is CHL falling/rising?

As of 27-Oct, CHL Ltd's stock price is currently at 37.39, reflecting an increase of 0.54, or 1.47%. The stock has been gaining momentum, having risen consecutively for the last two days with a total return of 2.58% during this period. It has outperformed its sector by 0.6% today and is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. However, there is a notable decline in investor participation, as the delivery volume on October 24 fell by 57.06% compared to the 5-day average, indicating a potential concern regarding sustained interest in the stock. Unfortunately, there is no information available regarding positive or negative factors that could further clarify the stock's recent movement.
In the broader market context, CHL Ltd has demonstrated a strong short-term performance, with a 1-week return of 6.16%, significantly outperforming the Sensex, which only gained 0.49% in the same period. Over the past month, CHL has also outperformed the benchmark, with a return of 6.68% compared to the Sensex's 5.41%. Despite a year-to-date decline of 12.13% against the Sensex's 8.50% gain, the stock's long-term performance remains robust, with a 3-year return of 108.88% compared to the Sensex's 41.87%. This suggests that while there may be short-term fluctuations, the stock has a history of strong performance relative to the broader market.