Why is Mahickra Chem. falling/rising?

As of 17-Sep, Mahickra Chemicals Ltd is currently priced at 157.90, reflecting an increase of 0.9 (0.57%). The stock has shown strong performance recently, with a 5.27% increase over the past week and an impressive 39.73% rise year-to-date. Additionally, the stock is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a positive trend. Notably, there has been a significant increase in investor participation, with delivery volume rising by 450% against the 5-day average, suggesting heightened interest in the stock. However, it is important to note that the stock underperformed its sector by 0.42% today. There are no available positive or negative factors that could further clarify the stock's recent movement.
In the broader market context, Mahickra Chemicals has outperformed the benchmark Sensex significantly over various periods, including a 1-month return of 11.28% compared to the Sensex's 2.84% and a 1-year return of 43.55% against the Sensex's decline of 0.35%. This strong relative performance indicates that while the stock is experiencing some short-term fluctuations, its overall trajectory remains positive compared to the broader market. The liquidity of the stock also supports its trading activity, as it is liquid enough for trades of substantial size.