Why is Classic Filament falling/rising?

As of 09-Oct, Classic Filaments Ltd is experiencing a price increase, currently at Rs 27.28, reflecting a rise of Rs 2.02 or 8.0%. The stock has shown a significant performance today, outperforming its sector by 7.75% and reversing a trend after three consecutive days of decline. It opened with a notable gain of 9.66% and reached an intraday high of Rs 27.7. Despite this positive movement, there has been a decline in investor participation, with delivery volume falling by 39.32% compared to the five-day average. Over the past week, the stock has increased by 7.36%, and over the past month, it has risen by 25.37%, although it remains down 8.91% year-to-date.
In the broader market context, the Sensex has only increased by 1.47% over the past week and 1.32% over the past month, indicating that Classic Filaments Ltd is significantly outperforming the benchmark in the short term. The stock's long-term performance is also impressive, with a 282.07% increase over three years and a 382.83% increase over five years, suggesting strong historical growth despite recent year-to-date and one-year declines. The high volatility observed today, with an intraday volatility of 5.12%, reflects the stock's dynamic trading environment, which may contribute to its current upward movement.