Why is Deepak Chemtex falling/rising?

As of 02-Sep, Deepak Chemtex Ltd's stock price is currently at Rs 141.00, reflecting an increase of Rs 4.05, or 2.96%. The stock has shown a positive performance today, outperforming its sector by 4.31% and opening with a gain of 2.23%. Additionally, the stock reached an intraday high of Rs 143.7, marking a 4.93% increase. Over the past week, the stock has gained 2.92%, while its performance over the last month shows a decline of 10.48%. Notably, there has been a significant rise in investor participation, with delivery volume increasing by 73.91% compared to the 5-day average. The stock's moving averages indicate that it is currently above the 5-day, 20-day, 100-day, and 200-day averages, although it remains below the 50-day average.
In the broader market context, Deepak Chemtex's recent performance contrasts with the Sensex, which has declined by 0.78% over the past week. This suggests that while the stock is experiencing a rise, the overall market sentiment may not be as strong. The stock's year-to-date performance shows a slight decline of 0.14%, while it has significantly outperformed the benchmark over the past year with a gain of 50.93% compared to the Sensex's drop of 2.91%. The erratic trading pattern, where the stock did not trade on one day out of the last 20, could indicate some volatility; however, the current upward trend in price and increased trading volume suggest a positive shift in investor sentiment.