Why is Mayur Leather falling/rising?

As of 10-Oct, Mayur Leather Products Ltd is experiencing a price increase, currently at 17.70, which reflects a rise of 0.66 or 3.87%. The stock has shown strong performance recently, gaining 13.46% over the last three days and outperforming its sector by 4.45% today. Additionally, it is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a positive trend. The stock's performance over the past week and month has also been impressive, with returns of 2.43% and 13.75%, respectively, suggesting strong investor interest and confidence.
In the broader market context, Mayur Leather's short-term performance has outpaced the Sensex, which has only increased by 1.59% over the past week and 1.32% over the past month. This indicates that the stock is not only performing well in isolation but is also gaining traction compared to the overall market. The significant rise in delivery volume, which increased by 377.98% against the 5-day average, further underscores the growing investor participation and liquidity in the stock, contributing to its upward momentum.