Why is Nikita Papers falling/rising?

As of 16-Sep, Nikita Papers Ltd is experiencing a significant rise in its stock price, currently at Rs. 118.55, reflecting an increase of Rs. 20.45 or 20.85%. The stock has hit a new 52-week and all-time high of Rs. 124.5 today, indicating strong upward momentum. It has outperformed its sector by 20.07%, and trading activity has shown an increase in delivery volume, which rose by 6.73% against the 5-day average. Additionally, the stock is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, suggesting a bullish trend. There is no available information on positive or negative factors that could further explain the stock's recent movement. In the broader market context, Nikita Papers' 1-week return of 20.85% significantly outpaces the Sensex, which has only increased by 1.49% during the same period. This stark contrast highlights the stock's strong performance relative to the benchmark. However, the 1-month returns show that while Nikita Papers has increased by 2.07%, the Sensex has slightly outperformed it with a 2.47% increase. Overall, the stock's recent rise can be attributed to strong trading activity and positive technical indicators, positioning it favorably against the broader market trends.