Why is Haria Apparels falling/rising?

As of 30-Oct, Haria Apparels Ltd is experiencing a price increase, currently at 7.24, which reflects a rise of 0.57 or 8.55%. The stock has shown a strong performance today, outperforming its sector by 8.7% and reversing a trend after two consecutive days of decline. It is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a positive trend. Additionally, there has been a notable increase in investor participation, with delivery volume rising by 16.59% compared to the 5-day average. The stock has also demonstrated impressive returns over various periods, including a 28.14% increase over the past month and a remarkable 609.80% rise over the past five years.
In the broader market context, Haria Apparels has outperformed the benchmark Sensex in the short term, with a 1-week return of +4.93% compared to the Sensex's -0.18%. While the stock has shown strong performance year-to-date and over the past year, it has lagged behind the Sensex over the last three years. Despite this, the current upward movement in Haria Apparels' stock price suggests positive sentiment among investors, likely driven by its recent performance metrics and increased trading activity.