Why is Olympic Oil Ind. falling/rising?

As of 17-Oct, Olympic Oil Industries Ltd is experiencing a price increase, currently at Rs 36.52, which reflects a rise of 1.73 or 4.97%. The stock has shown strong performance recently, gaining 10.17% over the last two days and outperforming its sector by 4.99% today. Additionally, the stock has performed well over the past week and month, with returns of +6.60% and +17.28%, respectively. However, it is important to note that the stock has seen a significant decline of -36.87% over the past five years and a year-to-date decrease of -1.56%. The trading activity has been erratic, with a notable drop in delivery volume by -95.07% compared to the five-day average, indicating falling investor participation.
In the broader market context, the Sensex has shown a modest increase of +1.76% over the past week and +1.52% over the past month, which suggests that while Olympic Oil Industries Ltd is outperforming the benchmark in the short term, it has underperformed on a year-to-date basis compared to the Sensex's +7.44% return. The stock's current price is above its 5-day, 20-day, and 50-day moving averages, but below its 100-day and 200-day moving averages, indicating mixed signals regarding its longer-term trend. Overall, the recent price increase can be attributed to short-term gains and sector outperformance, despite the underlying issues of declining investor participation and long-term underperformance relative to the benchmark.