Why is Coastal Corporat falling/rising?

As of 23-Oct, Coastal Corporation Ltd is experiencing a significant rise in its stock price, currently at Rs 44.76, reflecting an increase of 7.46 or 20.0%. The stock has outperformed its sector by 14.39% today and has been on a gaining streak for the last two days, accumulating a total return of 20.97% during this period. Additionally, it opened with a substantial gain of 20% and reached an intraday high of Rs 44.76. In terms of performance against benchmarks, the stock has shown impressive short-term returns, with a 1-week increase of 21.10% compared to the Sensex's 1.30% rise, and a 1-month increase of 31.57% against the Sensex's 2.99%. However, it is important to note that the stock has been underperforming year-to-date and over longer periods, with a year-to-date decline of 15.86% and a 3-year decline of 27.28%.
In the broader market context, while Coastal Corporation's recent performance has been strong, it is essential to consider the overall market conditions. The aquaculture sector, in which Coastal operates, has gained by 5.6%, indicating a positive trend within the industry that may be contributing to the stock's rise. However, there is a concerning trend of falling investor participation, as evidenced by a significant drop in delivery volume, which fell by 73.72% against the 5-day average. This decline in participation could pose risks to the sustainability of the stock's upward momentum. Overall, while the stock is currently rising, its longer-term performance remains a point of concern compared to the broader market.