Why is Dhanlaxmi Fabric falling/rising?

As of 13-Oct, Dhanlaxmi Fabrics Ltd is experiencing a price increase, currently at Rs 61.89, reflecting a rise of 1.51 or 2.5%. The stock has shown strong performance today, outperforming its sector by 2.88% and achieving a consecutive gain over the last two days with a total return of 7.62%. It opened with a significant gain of 4.34% and reached an intraday high of Rs 63. Additionally, the stock is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a positive trend. Furthermore, there has been a notable increase in investor participation, with delivery volume rising by 54.68% compared to the 5-day average. There is no information available regarding positive or negative factors that could influence the stock's movement.
Broader market context shows that Dhanlaxmi Fabrics has outperformed the Sensex in the short term, with a 1-week return of 6.47% compared to the Sensex's 0.66%. Over the past month, the stock has also outperformed the benchmark, achieving a return of 7.17% against the Sensex's 0.52%. However, it is important to note that the stock has underperformed on a year-to-date basis, with a decline of 3.90% compared to the Sensex's gain of 5.36%. This mixed performance highlights the stock's recent strength in the short term while still reflecting challenges over a longer time frame.