Why is HB Stockholdings falling/rising?

As of 07-Nov, HB Stockholdings Ltd is experiencing a significant rise in its stock price, currently at 99.43, reflecting an increase of 16.11 or 19.34%. Today's price summary indicates that the stock has outperformed its sector by 17.82% and has shown a trend reversal after four consecutive days of decline. It opened with a gain of 6.82% and reached an intraday high of Rs 99.98, although it also experienced a low of Rs 80.9 during the day. The stock has been trading above its moving averages across various time frames, indicating a positive momentum, despite a notable drop in investor participation, with delivery volume falling by 80.15% against the 5-day average.
In the broader market context, the stock's performance over the past week shows a return of +7.35%, contrasting sharply with the Sensex, which declined by 0.86% during the same period. While the stock has struggled year-to-date with a return of -11.30%, its long-term performance remains strong, with a 3-year return of +75.05% and a remarkable 5-year return of +1741.30%. This suggests that despite recent volatility and a decline in investor participation, the stock is currently benefiting from a positive shift in sentiment and trading activity compared to the broader market.