Why is Kundan Edifice falling/rising?

As of 04-Nov, Kundan Edifice Ltd is experiencing a significant rise in its stock price, currently at 120.95, reflecting an increase of 20.15 or 19.99%. The stock has outperformed its sector by 20.11% today, and it is trading above all key moving averages, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages. However, there is a notable decline in investor participation, with delivery volume dropping by 31.19% compared to the 5-day average. The stock's performance over the past week shows a substantial gain of 30.97%, while its one-month return is also positive at 28.12%. Despite these gains, the year-to-date performance remains negative at -19.42%, indicating some volatility in the stock's overall trend.
In the broader market context, Kundan Edifice's recent performance contrasts sharply with the benchmark Sensex, which has declined by 1.31% over the past week and increased by only 2.83% over the past month. This suggests that while Kundan Edifice is experiencing a strong short-term rebound, the overall market sentiment may not be as favorable. The stock's year-to-date performance is significantly lagging behind the Sensex, which has gained 8.26% during the same period. This divergence highlights the stock's recent strength amid a generally weaker market environment, suggesting that specific factors related to Kundan Edifice are driving its current upward momentum.