Why is Kitex Garments falling/rising?

As of 29-Aug, Kitex Garments Ltd is experiencing a price increase, currently at Rs 178.70, reflecting a rise of 8.5 points or 4.99%. Today's price summary indicates that the stock has outperformed its sector by 5.69% and has shown a trend reversal after four consecutive days of decline. Despite trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, the stock has seen a significant increase in delivery volume, rising by 96.39% compared to the 5-day average. Additionally, over the past year, Kitex Garments has generated a remarkable return of 49.01%, significantly outperforming the broader market, which has seen negative returns.
In the broader market context, while the stock has fallen by 25.48% over the past month, it has still managed to outperform the benchmark Sensex, which has declined by only 1.88% during the same period. This indicates that, despite recent volatility, Kitex Garments has maintained a strong performance relative to the market. The company's solid ability to service its debt, evidenced by a healthy EBIT to interest ratio of 20.62, supports its resilience and potential for recovery, contributing to the recent upward movement in its stock price.