Why is Richa Industries falling/rising?

As of 06-Oct, Richa Industries Ltd is experiencing a price increase, currently at 1.80, with a change of 0.08, reflecting a rise of 4.65%. The stock has shown strong performance recently, gaining 15.38% over the past week and 16.13% over the past month, significantly outperforming the Sensex, which has only increased by 1.77% and 1.34% in the same periods, respectively. Additionally, the stock has been on a consecutive gain streak for the last four days, and it is trading above all key moving averages, indicating a bullish trend. Furthermore, there has been a notable increase in investor participation, with delivery volume rising by 129.23% against the five-day average, suggesting heightened interest in the stock.
In the broader market context, Richa Industries' short-term performance stands in stark contrast to its longer-term returns, as it has underperformed the Sensex over the past year and three years, with declines of 11.76% and 13.04%, respectively. However, the stock's impressive gains in the short term, coupled with its liquidity and positive trading volume, indicate a potential shift in investor sentiment. While there are no specific positive or negative factors available to further explain the stock's recent movement, the current upward trend suggests a growing confidence among investors in Richa Industries.