Why is Guj. Raffia Inds falling/rising?

As of 20-Oct, Gujarat Raffia Industries Ltd is experiencing a significant rise in its stock price, currently at Rs 70.82, reflecting an increase of 6.43 points or 9.99%. The stock has shown remarkable performance today, outperforming its sector by 10.88% and has been on a consecutive gain streak for the last four days, accumulating a total return of 90.02% during this period. Additionally, the stock opened with a gain of 9.41% and reached an intraday high of Rs 70.82. It is also trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating strong upward momentum. Furthermore, there has been a notable increase in investor participation, with delivery volume rising by 392.47% against the 5-day average, suggesting heightened interest in the stock.
In the broader market context, Gujarat Raffia Industries Ltd has significantly outperformed the Sensex over the past week and month, with returns of 81.13% and 85.10%, respectively, compared to the Sensex's modest gains of 2.47% and 2.10%. However, it is important to note that the stock is still down 31.93% year-to-date, while the Sensex has increased by 7.97% during the same period. This stark contrast highlights the stock's recent recovery phase, driven by strong short-term performance, despite its longer-term challenges. Overall, the combination of positive trading activity and substantial returns relative to the benchmark has contributed to the stock's rising price.