Why is Everest Organics falling/rising?

As of 14-Nov, Everest Organics Ltd is experiencing a price increase, currently at Rs 427.00, which reflects a rise of Rs 19.15 or 4.7%. The stock has shown strong performance today, outperforming its sector by 4.33% and achieving a consecutive gain over the last three days, with a total return of 10.22% during this period. Additionally, the stock has been trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a positive trend. Notably, there has been a significant increase in investor participation, with delivery volume rising by 696.28% compared to the 5-day average, suggesting heightened interest in the stock.
In the broader market context, Everest Organics has outperformed the Sensex benchmark over various time frames, including a 4.25% gain over the past week compared to the Sensex's 1.62% increase, and a remarkable 265.74% rise over the past year against the Sensex's 9.00%. This consistent outperformance indicates strong investor confidence in the company relative to the overall market. The absence of any negative factors in the provided data further supports the stock's upward movement, reinforcing the positive sentiment surrounding Everest Organics Ltd.