Why is Libord Finance falling/rising?

As of 06-Nov, Libord Finance Ltd's stock price is rising, currently at Rs 29.31, reflecting an increase of Rs 4.88 or 19.98%. The stock has shown strong performance today, having outperformed its sector by 20.81% and marking its fourth consecutive day of gains. Over the past week, it has surged by 64.76%, and it opened today with a significant gain of 19.98%. The stock is trading above its moving averages across various time frames, indicating a strong upward trend. Additionally, there has been a notable increase in investor participation, with delivery volume rising by 457.8% compared to the five-day average, suggesting heightened interest and confidence in the stock.
In the broader market context, while the Sensex has experienced a decline of 1.30% over the past week, Libord Finance's impressive 64.76% return highlights its strong performance relative to the benchmark. This divergence indicates that the stock is attracting investor attention despite a generally unfavorable market environment. The stock's year-to-date performance of 5.02% also lags behind the Sensex's 6.62%, but its remarkable gains over the past three and five years, at 433.88% and 1492.93% respectively, showcase its long-term growth potential. Overall, the combination of strong recent performance, increased trading volume, and positive investor sentiment contributes to the stock's rising price.