Why is Lords Chloro falling/rising?

As of 04-Nov, Lords Chloro Alkali Ltd's stock price is rising, currently at Rs 224.00, reflecting an increase of Rs 9.5 or 4.43%. The stock has shown strong performance today, outperforming its sector by 6.15% and has been on a consecutive gain for the last two days, accumulating a total return of 8.11% during this period. Additionally, the stock opened with a significant gain of 5.36% and reached an intraday high of Rs 226. It is also trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bullish trend. However, it is worth noting that there has been a decline in investor participation, with delivery volume dropping by 39.16% against the 5-day average, which could suggest a potential concern for sustained momentum.
In the broader market context, Lords Chloro's short-term return of 2.54% over the past week stands in contrast to the Sensex, which has declined by 1.38% during the same period. This indicates that the stock is not only performing well on its own but is also gaining traction relative to the overall market. Over the past month, Lords Chloro has delivered a remarkable return of 26.23%, significantly outperforming the Sensex's 2.77% increase. Year-to-date, the stock's performance of 31.80% also surpasses the benchmark's 6.81%, further highlighting its strength in a challenging market environment.