Why is Indian Emuls falling/rising?

As of 11-Sep, Indian Emulsifiers Ltd is experiencing a price increase, currently at 187.80, which reflects a rise of 6.2 or 3.41%. The stock has shown strong performance recently, with a notable 34.87% increase over the past week and a 37.08% increase over the past month, significantly outperforming the Sensex, which has only risen by 1.10% and 1.71% in the same periods, respectively. Additionally, the stock is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a positive trend. Furthermore, there has been a significant increase in investor participation, with delivery volume rising by 119.24% against the 5-day average, suggesting heightened interest in the stock.
In the broader market context, while Indian Emulsifiers has shown impressive short-term returns, it has struggled year-to-date with a decline of 17.88%, contrasting with the Sensex's gain of 5.75%. Over the past year, the stock has also fallen by 42.22%, while the benchmark has only marginally increased by 0.35%. This disparity highlights the stock's volatility and potential recovery phase, as evidenced by its recent performance. Overall, the combination of strong short-term gains and increased trading activity suggests a positive sentiment among investors, despite the stock's longer-term challenges.