Why is Nikita Papers falling/rising?

As of 09-Oct, Nikita Papers Ltd is experiencing a significant rise in its stock price, currently at Rs. 135.60, reflecting an increase of Rs. 21.45 or 18.79%. The stock has reached a new 52-week and all-time high of Rs. 136.95 today, outperforming its sector by 19.57%. Additionally, it is trading above all key moving averages, indicating strong upward momentum. However, there has been a notable decline in investor participation, with delivery volume dropping by 94.71% compared to the 5-day average, which may raise concerns about sustainability in this price increase. Unfortunately, there is no information available regarding positive or negative factors that could further clarify the stock's recent movement.
In the broader market context, Nikita Papers has shown impressive short-term returns, with a 1-week increase of 18.90%, significantly outperforming the Sensex, which only rose by 1.39% during the same period. Over the past month, the stock has surged by 38.23%, again surpassing the Sensex's modest gain of 1.26%. This strong performance relative to the benchmark suggests that investor sentiment towards Nikita Papers is particularly positive, despite the recent drop in trading volume.