Why is Delaplex falling/rising?

As of 30-Sep, Delaplex Ltd is experiencing a significant rise in its stock price, currently at 166.90, reflecting an increase of 14.85 or 9.77%. The stock has shown strong performance recently, with a 1-week return of +23.63% and a 1-month return of +29.08%, both outperforming the Sensex, which has seen declines of -2.22% and a modest gain of +0.75%, respectively. Additionally, Delaplex is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bullish trend. The rising investor participation is also noteworthy, with delivery volume increasing by 150% compared to the 5-day average, suggesting heightened interest in the stock.
In the broader market context, while Delaplex has struggled year-to-date with a return of -20.47% compared to the Sensex's +4.09%, its recent performance indicates a recovery phase that contrasts sharply with the benchmark's recent downturn. The stock's ability to outperform the sector by 12.04% today further emphasizes its strength amidst a challenging market environment. Overall, the combination of positive trading indicators and increased investor engagement has contributed to the upward momentum in Delaplex's stock price.