Why is Jakharia Fabric falling/rising?

As of 03-Sep, Jakharia Fabric Ltd's stock price is rising, currently at Rs. 92.50, reflecting an increase of Rs. 4.4 or 4.99%. The stock has reached a new 52-week high today and has outperformed its sector by 4.04%. Additionally, Jakharia Fabric is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating strong upward momentum. The stock has shown impressive returns, with a year-to-date increase of 99.35% and a one-year return of 174.48%, significantly outperforming the Sensex, which has only risen by 4.53% over the same period. Furthermore, there has been a notable increase in investor participation, with delivery volume rising by 400% compared to the 5-day average, suggesting heightened interest in the stock.
In the broader market context, Jakharia Fabric's short-term performance over the past week has been significantly better than the Sensex, which has only increased by 0.01% during the same timeframe. This stark contrast highlights the stock's strong relative strength in the market. While the positive factors contributing to the stock's rise are evident, there are no specific negative factors mentioned that could be impacting its performance. Overall, the combination of strong price movement, increased investor interest, and solid returns relative to the benchmark suggests a favorable outlook for Jakharia Fabric Ltd.