Why is Lime Chemicals falling/rising?

As of 25-Sep, Lime Chemicals Ltd is experiencing a price increase, currently at Rs 14.98, reflecting a rise of Rs 1.42 or 10.47%. Today's performance indicates a trend reversal as the stock has gained after seven consecutive days of decline. It opened with a gain of 3.24% and reached an intraday high of Rs 15.45, marking a significant increase of 13.94%. Despite this positive movement today, the stock has underperformed over the longer term, with year-to-date returns down by 37.58% and a one-year decline of 55.60%. Additionally, there has been a notable increase in investor participation, with delivery volume rising by 292.75% compared to the five-day average, suggesting growing interest in the stock.
In the broader market context, Lime Chemicals' recent performance contrasts with the benchmark Sensex, which has shown a decline of only 0.58% over the past month. While the stock has outperformed its sector today by 10.26%, it remains below its moving averages across various time frames, indicating a longer-term bearish trend. The stock's liquidity appears adequate for trading, but the significant drop in its value over the past year highlights ongoing challenges. Overall, while today's price movement is positive, the stock's historical performance and current trading conditions suggest a complex situation for investors.