Why is Manomay Tex Indi falling/rising?

As of 03-Nov, Manomay Tex India Ltd is experiencing a price increase, currently at Rs 216.40, which represents a rise of Rs 7.25 or 3.47%. The stock has shown a positive trend today, outperforming its sector by 2.69% and reversing a two-day decline. It reached an intraday high of Rs 219.4, reflecting a 4.9% increase. Over the past week, the stock has gained 3.00%, while its one-month return stands at 19.13%. However, there has been a decline in investor participation, with delivery volume falling by 13.05% compared to the five-day average, indicating a potential concern regarding sustained interest. The stock is currently trading above all key moving averages, which is a positive technical indicator.
In the broader market context, the Sensex has decreased by 0.94% over the past week, contrasting with Manomay Tex's positive performance. This suggests that the stock is gaining traction despite a generally unfavorable market environment. Year-to-date, the stock is down 5.58%, while the Sensex has increased by 7.47%, indicating that while the stock has struggled in the longer term, its recent performance is notably stronger than the benchmark. The significant outperformance over three and five years, with returns of 181.04% and 546.94% respectively, further highlights the stock's potential despite recent fluctuations.