Why is Dhampur.Spl.Sug. falling/rising?

As of 17-Nov, Dhampure Speciality Sugars Ltd is experiencing a significant rise in its stock price, currently at Rs 101.44, reflecting an increase of Rs 16.9 or 19.99%. The stock has shown strong performance today, outperforming its sector by 19.54% and achieving a consecutive gain over the last two days with a total return of 22.17%. It opened with a gain of 7.64% and reached an intraday high of Rs 101.44. Despite high volatility, with an intraday fluctuation of 5.43%, the stock is trading above its moving averages across various time frames. However, there has been a notable decline in investor participation, as evidenced by a 45.75% drop in delivery volume compared to the five-day average.
In the broader market context, the stock's short-term performance over the past week has been impressive, with a return of 19.10%, significantly outpacing the Sensex, which only increased by 1.69% during the same period. Over the last month, the stock has also outperformed the benchmark, gaining 18.12% compared to the Sensex's 1.19%. While the year-to-date performance shows a decline of 13.26% for the stock against an 8.72% rise in the Sensex, the recent upward momentum indicates a positive shift in investor sentiment, despite the overall year-to-date performance.