Why is Indian Terrain falling/rising?

As of 24-Oct, Indian Terrain Fashions Ltd's stock price is currently at 37.25, reflecting an increase of 0.75 or 2.05%. The stock has shown a positive trend recently, gaining for the last two days with a total return of 3.99% during this period. Additionally, the stock has outperformed its sector by 2.19%. In terms of returns, over the past week, the stock has increased by 4.63%, and over the past month, it has risen by 10.14%. However, it is important to note that the stock has experienced significant declines over longer periods, with a year-to-date decrease of 21.99% and a one-year decline of 30.40%. The delivery volume has also seen a notable increase of 62.82% compared to the five-day average, indicating rising investor participation.
In the broader market context, the Sensex has only increased by 0.31% over the past week and 3.05% over the past month, which highlights that Indian Terrain's short-term performance is significantly stronger than the benchmark. Despite the stock's recent gains, it remains lower than its 200-day moving average, suggesting that while there is positive momentum, it may still be recovering from a longer-term downtrend. Overall, the combination of improved short-term performance, increased investor interest, and outperformance against the sector contributes to the stock's rising price.