Why is Grand Oak Canyon falling/rising?

As of 23-Sep, Grand Oak Canyons Distillery Ltd is experiencing a price increase, currently at Rs 43.50, reflecting a rise of Rs 2.07 or 5.0%. The stock has shown strong performance, gaining 21.51% over the last four days and outperforming its sector by 5.92% today. It opened with a gain of 5% and reached an intraday high of Rs 43.50. Additionally, the stock is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Notably, there has been a significant increase in investor participation, with delivery volume rising by 690.64% compared to the 5-day average. There are no positive or negative factors explicitly listed, but the overall upward momentum suggests strong market sentiment.
Broader Market Context: In the context of the broader market, Grand Oak Canyons Distillery Ltd has outperformed the Sensex, which has seen a slight decline of 0.34% over the past week. The stock's impressive 1-week return of 15.45% stands in stark contrast to the benchmark's performance, indicating a strong investor preference for this stock amidst a generally weaker market environment. While the year-to-date performance shows a slight decline of 0.21% for the stock compared to a 5.07% increase in the Sensex, the recent surge suggests a potential turnaround, driven by positive investor sentiment and trading activity.