Why is Indo Euro Indch. falling/rising?

As of 23-Oct, Indo Euro Indchem Ltd's stock price is rising, currently at 14.25, reflecting an increase of 0.5 or 3.64%. The stock has shown strong performance recently, gaining 14% over the last two days and outperforming its sector by 4.04%. Additionally, it has outperformed the benchmark Sensex with a weekly return of 17.19% compared to the Sensex's 1.30%. However, despite this positive short-term trend, the stock has a year-to-date decline of 11.98% and a one-year decline of 15.48%. Notably, the stock is trading above its moving averages across various time frames, indicating a bullish trend. Unfortunately, there is no information available regarding positive or negative factors that could further explain the stock's recent movement.
In the broader market context, Indo Euro Indchem Ltd's recent performance stands in stark contrast to the benchmark Sensex, which has only increased by 1.30% over the past week. This significant outperformance suggests that investor sentiment towards Indo Euro Indchem Ltd may be improving, despite its longer-term underperformance compared to the benchmark, which has gained 8.21% year-to-date. However, it is important to note that there has been a decline in investor participation, with delivery volume falling by 36.2% against the five-day average, which could indicate a potential concern for sustained upward momentum.