Why is Garodia Chemical falling/rising?

As of 31-Oct, Garodia Chemical Ltd's stock price is currently at 8.00, reflecting an increase of 0.35 or 4.58%. The stock has shown strong performance recently, with a 1-week return of +9.74% and a 1-month return of +33.11%, significantly outperforming the Sensex, which has seen a decline of -0.32% over the same week and a modest gain of +3.65% over the month. However, the stock has experienced erratic trading, not trading on 4 out of the last 20 days, and there has been a notable decrease in investor participation, with delivery volume dropping by -68.75% against the 5-day average. Additionally, while the stock is trading above its 5-day, 20-day, and 200-day moving averages, it remains below the 50-day and 100-day moving averages, indicating mixed technical signals.
In the broader market context, Garodia Chemical's recent performance contrasts sharply with the Sensex, which has only gained +3.65% over the past month. The stock's ability to outperform the sector by 3.68% today suggests a strong interest from investors despite the declining delivery volume and erratic trading patterns. The year-to-date return of +0.13% is relatively flat compared to the Sensex's +7.42%, indicating that while the stock has had a strong recent performance, it has not consistently kept pace with the broader market over the longer term. Overall, the combination of strong short-term gains and declining investor participation presents a complex picture for Garodia Chemical's stock movement.