Why is Richa Industries falling/rising?

As of 17-Oct, Richa Industries Ltd's stock price is currently at 1.68, reflecting an increase of 0.08 or 5.0%. The stock has been on an upward trend, gaining for the last three days and achieving a total return of 12.75% during this period. Additionally, it has outperformed its sector by 5.98%. The stock is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a positive momentum. However, there is a notable decline in investor participation, with delivery volume dropping by 79.67% compared to the 5-day average, which may raise concerns about the sustainability of this price increase. There is no information available regarding positive or negative factors that could further explain the stock's recent movement.
Broader market context shows that Richa Industries has outperformed the Sensex over the past week, with a return of 8.39% compared to the benchmark's 1.76%. Over the past month, the stock has also shown a positive return of 6.33%, while the Sensex increased by 1.52%. Despite these short-term gains, the stock has underperformed on a year-to-date basis, with a decline of 5.62% compared to the Sensex's increase of 7.44%. This contrast highlights the stock's recent recovery in the short term, even as it continues to face challenges in the longer-term performance metrics.