Why is Resonance Speci. falling/rising?

As of 19-Sep, Resonance Specialities Ltd is experiencing a price increase, with its current price at Rs 104.95, reflecting a rise of Rs 2.9 or 2.84%. The stock has outperformed its sector by 3.17% today and has been on a consecutive gain streak for the last two days, accumulating a total return of 2.99% during this period. Additionally, the stock's performance over the past week shows a gain of 1.99%, while it has increased by 2.24% over the past month. Despite a significant decline of 33.85% over the past three years, the stock has shown a positive year-to-date return of 8.08%, indicating a recovery trend. There is also a notable increase in investor participation, with delivery volume rising by 11.1% compared to the five-day average, suggesting growing interest in the stock.
Broader Market Context: In comparison to the benchmark Sensex, which has risen by 0.88% over the past week, Resonance Specialities Ltd's performance is notably stronger, indicating that the stock is gaining traction relative to the broader market. The stock's year-to-date performance of 8.08% also surpasses the Sensex's 5.74% increase, further emphasizing its relative strength. However, the stock remains below its 50-day and 100-day moving averages, which could suggest potential resistance levels ahead. Overall, the combination of recent positive performance, increased investor interest, and favorable comparisons to the benchmark contributes to the stock's upward movement.