Why is Kiran Syntex falling/rising?

As of 13-Nov, Kiran Syntex Ltd's stock price is currently at 8.40, reflecting an increase of 0.4, or 5.0%. The stock has shown strong performance recently, gaining 10.24% over the last two days and outperforming its sector by 5.21% today. In terms of returns, the stock has increased by 21.39% over the past week and 10.82% over the past month, although it has seen a decline of 1.18% year-to-date. The stock's moving averages indicate that it is performing better than the 5-day, 20-day, and 50-day averages, but it remains below the 100-day and 200-day averages. Notably, there has been a significant drop in investor participation, with delivery volume falling by 52.39% against the 5-day average, which may indicate some caution among investors.
Broader market context shows that while Kiran Syntex has outperformed the Sensex by a substantial margin in the short term, the benchmark index has still shown positive returns of 1.40% over the past week and 2.61% over the past month. Despite the stock's recent gains, it has underperformed the Sensex year-to-date and over the last three years, where the Sensex has appreciated by 8.11% and 36.71%, respectively. This contrast highlights that while Kiran Syntex is experiencing a short-term rally, its longer-term performance relative to the broader market remains a concern.