Why is Mahalaxmi Rubtec falling/rising?

As of 14-Nov, Mahalaxmi Rubtech Ltd's stock price is rising, currently at 227.55, reflecting an increase of 22.6 or 11.03%. The stock has shown strong performance today, outperforming its sector by 11.96% and opening with a gain of 5%. It reached an intraday high of Rs 244.95, which is a 19.52% increase. The stock has been trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a positive trend. Additionally, there has been a significant rise in investor participation, with delivery volume increasing by 301.5% compared to the 5-day average. The stock's performance over the past year shows a gain of 44.20%, which is substantially higher than the Sensex's 9.00% increase.
In the broader market context, Mahalaxmi Rubtech's short-term return of +10.92% over the past week significantly outpaces the Sensex's +1.62% return during the same period. This indicates that the stock is gaining traction relative to the overall market. Despite a year-to-date decline of 7.31%, the stock's recent upward movement suggests a recovery phase, particularly in light of its strong one-year performance. The liquidity of the stock, being adequate for trading, further supports its rising price, although specific positive or negative factors were not detailed in the provided data.