Why is Emmbi Industries falling/rising?

As of 17-Nov, Emmbi Industries Ltd is experiencing a price increase, currently at 115.10, which reflects a rise of 4.15 or 3.74%. The stock has shown strong performance today, outperforming its sector by 2.51% and has been on a consecutive gain streak for the last two days, accumulating a total return of 7.52% during this period. The stock opened with a significant gain of 4.28% today and reached an intraday high of Rs 116.55, which is a 5.05% increase. Additionally, Emmbi Industries 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 69.71% compared to the 5-day average, suggesting heightened interest in the stock.
In the broader market context, Emmbi Industries has outperformed the Sensex in the short term, with a 1-week return of 9.99% compared to the Sensex's 1.69%. This trend of outperformance is reflected in the 1-month returns as well, where Emmbi Industries achieved a 16.26% increase against the Sensex's 1.19%. However, it is important to note that the stock has underperformed on a year-to-date basis, with a decline of 30.28% compared to the Sensex's gain of 8.72%. Despite this longer-term underperformance, the recent positive movements and increased trading activity suggest a potential shift in investor sentiment towards Emmbi Industries.