Why is Madhusudan Inds. falling/rising?

As of 18-Sep, Madhusudan Industries Ltd is experiencing a price increase, currently priced at Rs 43.70, reflecting a rise of Rs 2.2 or 5.3%. The stock opened with a significant gain of 6.02% today and reached an intraday high of Rs 44. It has outperformed its sector by 5.16% today, and there has been a notable increase in investor participation, with delivery volume rising by 9.09% compared to the 5-day average. Despite a year-to-date decline of 23.33%, the stock has shown strong performance over the last three years, with a return of 94.22%. Unfortunately, there is no information available regarding positive or negative factors that could further explain the stock's recent movement.
Broader market context indicates that while Madhusudan Industries has outperformed the Sensex in the short term with a weekly return of 8.98% compared to the Sensex's 1.80%, it has underperformed over the longer term, with a year-to-date decline versus the Sensex's gain of 6.24%. This suggests that the recent price increase may be driven by short-term investor sentiment rather than a fundamental recovery, as the stock remains below its 200-day moving average, indicating potential challenges ahead.