Why is Mayur Leather falling/rising?

As of 11-Nov, Mayur Leather Products Ltd is experiencing a price increase, with its current price at Rs 16.49, reflecting a rise of Rs 1.49 or 9.93%. Today's performance has been notable, as the stock opened with a gain of 10% and reached an intraday high of Rs 16.5. Additionally, the stock has outperformed its sector by 8.01%. Despite a recent decline of 4.29% over the past week and 6.84% over the past month, the stock has shown impressive long-term growth, with a 129.99% increase over the last three years and a 211.13% increase over the last five years. There is a significant rise in investor participation, with delivery volume increasing by 134.46% against the five-day average, indicating heightened interest in the stock.
In the broader market context, the Sensex has shown a modest gain of 0.49% over the past week and 1.66% over the past month, suggesting that while Mayur Leather is experiencing a short-term rebound, it has underperformed the benchmark in the recent past. The stock's current liquidity is adequate for trading, being based on 2% of the five-day average traded value. Although there are no specific positive or negative factors provided, the overall increase in trading volume and the stock's performance today suggest a positive sentiment among investors, contributing to its rising price.