Why is Nikita Papers falling/rising?

As of 24-Sep, Nikita Papers Ltd is experiencing a price increase, with the current price at 116.00, reflecting a rise of 3.5 or 3.11%. The stock has shown a strong performance today, outperforming its sector by 3.3%. Additionally, the stock's delivery volume has increased by 13.31% compared to the 5-day average, indicating rising investor participation. The stock is trading above its 20-day, 50-day, 100-day, and 200-day moving averages, although it is below the 5-day moving average. Over the past month, the stock has gained 18.25%, contrasting with a decline of 3.53% over the past week.
In the broader market context, while the Sensex has decreased by 1.08% over the past week, Nikita Papers Ltd's performance stands out positively, suggesting that the stock is gaining traction despite a generally unfavorable market environment. The stock's strong monthly return of 18.25% compared to the Sensex's modest increase of 0.75% further highlights its relative strength. Overall, the combination of rising investor interest and solid performance metrics has contributed to the stock's upward movement, even as the broader market faces challenges.