Why is Indian Terrain falling/rising?

As of 27-Oct, Indian Terrain Fashions Ltd is experiencing a price increase, currently at Rs 39.94, reflecting a rise of 2.73 or 7.34%. The stock has shown strong performance recently, gaining 11.5% over the last three days and outperforming its sector by 7.16% today. Additionally, it has outperformed the benchmark Sensex over the past week and month, with returns of +10.12% and +24.42%, respectively. However, despite these positive movements, there has been a notable decline in investor participation, with delivery volume falling by 23.44% against the 5-day average, which could indicate a potential concern for sustained momentum.
Broader Market Context: The Sensex has only increased by 0.49% over the past week and 5.41% over the past month, highlighting that Indian Terrain's recent performance is significantly stronger than the broader market. While the stock has shown positive short-term returns, it is important to note that it has underperformed the benchmark over longer periods, with a year-to-date decline of 16.36% compared to the Sensex's gain of 8.50%. This contrast suggests that while the stock is currently rising, it has faced substantial challenges in the longer term, which investors should consider when evaluating its future performance.