Why is Kothari Petroche falling/rising?

As of 03-Nov, Kothari Petrochemicals Ltd is experiencing a price increase, with the current price at 152.02, reflecting a change of 9.71 or 6.82% upward. The stock has outperformed its sector by 5.82% today. In terms of performance over different periods, the stock has shown a 6.86% increase over the past week and a 7.92% increase over the past month, while it remains down 21.74% year-to-date and 32.64% over the past year. The stock is currently trading above its 5-day, 20-day, and 50-day moving averages, although it is below its 100-day and 200-day moving averages. However, there has been a decline in investor participation, with delivery volume falling by 17.17% against the 5-day average, indicating a potential concern for future trading activity.
Broader Market Context: In the short term, Kothari Petrochemicals Ltd has outperformed the benchmark Sensex, which has decreased by 0.78% over the past week, while Kothari's stock has risen by 6.86%. This suggests that the stock's recent rise may be driven by company-specific factors rather than broader market trends. Despite the positive short-term performance, the stock's year-to-date and one-year returns remain significantly negative compared to the Sensex, which has gained 8.96% year-to-date and 6.00% over the past year. This contrast highlights the challenges the company has faced in the longer term, despite its recent gains.