Why is LWS Knitwear falling/rising?

As of 14-Nov, LWS Knitwear Ltd's stock price is currently at Rs 18.45, reflecting an increase of Rs 1.17, or 6.77%. The stock has shown strong performance recently, gaining 10.02% over the last three days and outperforming its sector by 7.7% today. It reached an intraday high of Rs 18.75, indicating positive momentum. Additionally, the stock has experienced a significant rise in investor participation, with delivery volume increasing by 942.77% compared to the five-day average. Despite its recent gains, the stock has a year-to-date decline of 25.60% and a one-year decline of 59.27%, which highlights its volatility and the challenges it has faced over a longer period.
In the broader market context, LWS Knitwear's short-term return of 11.89% over the past week significantly outpaces the Sensex, which has only increased by 1.62% during the same period. This suggests that while the stock is currently experiencing a rebound, it has struggled to keep pace with the benchmark over the longer term, as evidenced by its year-to-date and one-year performance compared to the Sensex's gains of 8.22% and 9.00%, respectively. The stock's recent upward movement may be attributed to increased trading activity and positive investor sentiment, despite its overall negative performance in the longer time frames.