Why is Indag Rubber falling/rising?

As of 10-Nov, Indag Rubber Ltd's stock price is currently at 132.90, reflecting an increase of 11.7, or 9.65%. The stock has shown a positive trend today, having gained after two consecutive days of decline, and opened with a significant gain of 4.7%. It reached an intraday high of Rs 138, marking a rise of 13.86%. The stock has been highly volatile, with an intraday volatility of 6.73%, and is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Additionally, there has been a slight increase in delivery volume, indicating rising investor participation, although there is no specific positive or negative dashboard data available to further clarify the stock's recent movements.
In the broader market context, Indag Rubber's performance over the past week shows a return of +4.93%, significantly outperforming the Sensex, which declined by 0.53%. Over the past month, the stock has increased by 11.31%, while the Sensex has only risen by 1.25%. Despite a year-to-date decline of 24.64% compared to the Sensex's gain of 6.91%, the recent short-term performance suggests a positive shift in investor sentiment and market dynamics for Indag Rubber, contrasting with the broader market trends.