Why is FGP falling/rising?

As of 17-Oct, FGP Ltd's stock price is rising, currently at 9.77, reflecting an increase of 0.46 or 4.94%. The stock has outperformed its sector today by 2.62%, and it is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating strong upward momentum. Over the past week, FGP has shown a return of +6.78%, significantly outperforming the Sensex, which has only gained +1.76%. Additionally, there has been a notable increase in investor participation, with delivery volume rising by 74.75% compared to the 5-day average, suggesting heightened interest in the stock.
In the broader market context, FGP's short-term performance is notably stronger than the benchmark, as it has outperformed the Sensex over the past week and month. While the stock has a year-to-date return of +0.72%, it has lagged behind the Sensex's +7.44% during the same period. However, the long-term performance over three years shows a gain of +21.37%, although this is still below the Sensex's +43.73%. The overall positive sentiment in the glass sector, which has gained by 2.23%, further supports FGP's rising stock price.