Why is Rainbow Foundat. falling/rising?

As of 17-Nov, Rainbow Foundations Ltd's stock price is currently at Rs 71.48, reflecting an increase of Rs 3.4 or 4.99%. Today, the stock has shown a trend reversal, gaining after three consecutive days of decline. Although it opened with a loss of 4.99%, it reached an intraday high of Rs 71.48, indicating a recovery. The stock has outperformed its sector by 4.7% today, and despite a one-month decline of 4.59%, it has impressive year-to-date and one-year returns of 117.13% and 232.31%, respectively. The rising investor participation, with a 40.48% increase in delivery volume on November 14, suggests growing interest, which may have contributed to the recent price movement. There is no information available regarding positive or negative factors that could further explain the stock's performance.
In the broader market context, Rainbow Foundations Ltd has outperformed the Sensex over the past week, with a return of 2.14% compared to the benchmark's 1.69%. This short-term outperformance, coupled with the stock's significant long-term gains, indicates that while there may have been recent volatility, investor sentiment remains relatively strong compared to the overall market. The stock's liquidity is also adequate for trading, which may facilitate further price movements.