Why is K G Denim falling/rising?

As of 15-Sep, K G Denim Ltd's stock price is currently at 21.60, reflecting an increase of 0.49, or 2.32%. The stock has shown strong performance recently, outperforming its sector by 2.02% today. It is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a positive trend. Additionally, there has been a notable increase in investor participation, with a delivery volume rise of 16.34% compared to the 5-day average. Over the past week, the stock has gained 3.75%, significantly outperforming the Sensex, which only increased by 1.24%. However, it is important to note that the stock has a year-to-date decline of 13.25%, contrasting with the Sensex's gain of 4.67%.
In the broader market context, K G Denim's recent short-term performance is favorable when compared to the benchmark, as it has outperformed the Sensex over the past week and month. While the stock has struggled over the longer term, with declines over 1 year and 3 years, the recent uptick in price and positive trading indicators suggest a potential recovery phase. The liquidity of the stock also supports trading activity, as it is liquid enough for trades of significant size. Overall, the combination of positive short-term performance and increased investor interest appears to be driving the stock's recent rise.