Why is M M Rubber falling/rising?

As of 16-Oct, M M Rubber Co Ltd is experiencing a price increase, currently at Rs 95.00, which reflects a rise of Rs 6.64 or 7.51%. The stock has shown strong performance, gaining 18.75% over the past week and outperforming its sector by 6.4% today. It has been on a consecutive gain streak for the last five days, and it is trading above all key moving averages, indicating positive momentum. Additionally, there has been a notable increase in investor participation, with delivery volume rising by 42.96% compared to the five-day average, suggesting heightened interest in the stock.
In the broader market context, M M Rubber's recent performance significantly outpaces the Sensex, which has only increased by 1.58% over the past week. This strong relative performance highlights investor confidence in M M Rubber compared to the overall market. Furthermore, while the stock has shown a year-to-date gain of 7.21%, it has lagged behind the Sensex's 6.82% increase, indicating that while the stock is currently rising, it has had a mixed performance over longer periods, particularly over three years where it has declined by 18.28% compared to the Sensex's 44.11% gain.