Why is Modern Dairies falling/rising?

As of 20-Oct, Modern Dairies Ltd's stock price is currently at Rs 43.62, reflecting an increase of Rs 2.47 or 6.0%. The stock has shown a positive performance today, outperforming its sector by 6.44% and marking a trend reversal after three consecutive days of decline. It opened with a significant gain of 5.95% and reached an intraday high of Rs 43.69. Despite this positive movement, the stock has experienced a decline of 10.19% over the past month and a year-to-date drop of 28.32%. The recent rise in investor participation, indicated by a 28.4% increase in delivery volume, suggests growing interest, although the absence of specific positive or negative factors limits a deeper analysis of the stock's recent movement.
Broader Market Context: In the short term, the stock's performance over the past week shows a slight gain of 0.18%, while the benchmark Sensex has increased by 2.47% during the same period. This indicates that while Modern Dairies has seen a rebound today, it has not kept pace with the broader market trends in the recent past. The stock's long-term performance remains strong, with a remarkable increase of 291.91% over three years and 838.06% over five years, suggesting that despite recent volatility, the company has historically provided substantial returns compared to the benchmark.