Why is Classic Filament falling/rising?

As of 01-October, Classic Filaments Ltd is experiencing a price increase, currently at Rs 25.98, which reflects a rise of Rs 1.53 or 6.26%. The stock has shown a strong performance today, outperforming its sector by 5.08%, and has gained 8.2% over the last two days. Despite opening with a loss of 5.52%, it reached an intraday high of Rs 26.8, indicating significant volatility with a wide trading range of Rs 3.7. The stock's recent returns show a 3.96% increase over the past week and a 6.65% increase over the past month, although it has underperformed year-to-date with a decline of 13.26%. Notably, there has been a rise in investor participation, with delivery volume increasing by 115.52% against the five-day average.
In the broader market context, the Sensex has declined by 0.90% over the past week and increased by only 0.77% over the past month, suggesting that Classic Filaments Ltd's recent performance is particularly strong compared to the benchmark. While the stock has faced challenges year-to-date and over the past year, its impressive three-year and five-year returns of 273.81% and 340.34%, respectively, indicate a long-term growth trend. The stock's current movement may be influenced by its liquidity, which is sufficient for trading, and the overall market conditions that have not favored the benchmark recently.