Why is Nikita Papers falling/rising?

As of 06-Oct, Nikita Papers Ltd is experiencing a price increase, currently at 119.75, which reflects a rise of 4.8 or 4.18%. The stock has shown strong performance recently, with a 7.98% increase over the past week and a notable 22.07% rise over the past month, significantly outperforming the Sensex, which has only increased by 1.80% and 1.36% in the same periods, respectively. Today's trading activity indicates that Nikita Papers is performing well, as it is trading above all key moving averages and has seen a substantial increase in delivery volume, rising by 289.87% against the 5-day average. Unfortunately, there is no information available regarding positive or negative factors that could further explain the stock's movement.
In the broader market context, Nikita Papers' recent performance stands out against the benchmark, as it has outperformed the Sensex significantly in both the short-term and month-to-date returns. The stock's ability to maintain a strong upward trajectory, coupled with rising investor participation and liquidity, suggests a positive sentiment among investors, contributing to its rising price. Overall, the stock's strong performance relative to the market indicates a favorable outlook, despite the absence of specific positive or negative factors that could provide additional insights into the reasons behind its price movement.