Why is Kanoria Chem. falling/rising?

As of 25-Sep, Kanoria Chemicals & Industries Ltd is experiencing a price increase, currently at Rs 86.77, reflecting a rise of 4.15 (5.02%). The stock has shown positive momentum, gaining for the last two days with a total return of 5.82% during this period. Additionally, it has outperformed its sector by 4.81%. The stock's performance over the past week indicates a 4.07% increase, contrasting with a decline of 2.23% in the Sensex. However, the stock's year-to-date performance remains negative at -23.35%, while it has seen a significant decline of -39.72% over the past year. Notably, there has been a substantial increase in investor participation, with delivery volume rising by 375.63% against the five-day average.
Broader Market Context: In the short term, Kanoria Chemicals has outperformed the benchmark Sensex, which has declined by 2.23% over the past week. This relative strength is notable given the broader market's challenges, as indicated by the Sensex's slight decline of -0.58% over the past month. The stock's liquidity appears sufficient for trading, as it is liquid enough for a trade size of Rs 0 crore, suggesting that investor interest may be contributing positively to its recent price movements. Overall, while the stock has faced significant declines over longer periods, its recent gains indicate a potential recovery phase amidst a challenging market environment.