Why is Cont. Petroleums falling/rising?

As of 27-Oct, Continental Petroleums Ltd is experiencing a price increase, currently at 121.25, reflecting a change of 7.15 or 6.27% upward. Today's price summary indicates that the stock has outperformed its sector by 6.77% and has shown a trend reversal after three consecutive days of decline. The stock reached an intraday high of Rs 123.7, representing an 8.41% increase. Additionally, it is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, which suggests a strong upward momentum. Notably, there has been a significant rise in investor participation, with delivery volume increasing by 230.43% compared to the 5-day average, indicating heightened interest in the stock.
In the broader market context, Continental Petroleums Ltd has delivered a 1-week return of 3.85%, significantly outperforming the Sensex, which only gained 0.49% during the same period. Over the year-to-date, the stock has risen by 8.94%, slightly ahead of the Sensex's 8.50% increase. This performance, along with the substantial gains over longer periods—such as a 149.49% increase over three years—highlights the stock's strong position relative to the market. Overall, the combination of positive price movements, increased trading volume, and favorable comparisons to the benchmark supports the stock's recent rise. There is no information available regarding specific positive or negative factors that could further influence the stock's performance.