Why is Lakhotia Poly. falling/rising?

As of 11-Aug, Lakhotia Polyesters (India) Ltd is experiencing a price increase, currently at 41.97, reflecting a rise of 0.82 or 1.99%. The stock has shown a strong performance today, outperforming its sector by 1.97%. Notably, the stock's delivery volume has surged by 230.76% compared to the 5-day average, indicating rising investor participation. Additionally, the stock's price is above its 20-day, 50-day, 100-day, and 200-day moving averages, which generally suggests a positive trend. However, it is below the 5-day moving average, which may indicate some short-term volatility. The stock's performance over the past month has been robust, with a 7.34% increase, contrasting with a decline of 2.30% in the benchmark Sensex.
In the broader market context, Lakhotia Polyesters has outperformed the Sensex over the past week, with a slight decline of 0.05% compared to the benchmark's 0.51% drop. Year-to-date, the stock has gained 4.95%, while the Sensex has increased by 3.15%, further showcasing its relative strength. Over the longer term, the stock has significantly outperformed the benchmark, with a 131.24% increase over three years compared to the Sensex's 35.85%. This consistent outperformance may contribute to investor confidence, supporting the stock's upward movement despite the erratic trading noted in the last 20 days.