Why is Kody Technolab falling/rising?

As of 03-Nov, Kody Technolab Ltd's stock price is rising, currently at 679.85, reflecting an increase of 110.4 or 19.39%. The stock has outperformed its sector today by 19.78%, although it is currently higher than its 5-day and 20-day moving averages but lower than its 50-day, 100-day, and 200-day moving averages. Despite this positive movement, there has been a notable decline in investor participation, with delivery volume on October 31 falling by 42.92% compared to the 5-day average. Additionally, the stock has experienced significant declines year-to-date and over the past year, with returns of -57.99% and -58.69%, respectively, indicating a challenging longer-term performance.
In the broader market context, Kody Technolab's short-term return of +12.44% over the past week contrasts sharply with the Sensex, which has decreased by 0.78% during the same period. This suggests that the stock is gaining traction despite its overall poor performance in the longer term. The Sensex has shown positive returns of 3.49% over the past month and 8.96% year-to-date, highlighting a more favorable market environment compared to Kody Technolab's significant declines. The liquidity of the stock remains adequate for trading, which may support its recent price rise, but the overall negative trends in longer-term performance could temper investor enthusiasm.