Why is Rite Zone falling/rising?

As of 24-October, Rite Zone Chemcon India Ltd is experiencing a significant rise in its stock price, currently at 30.80, reflecting an increase of 4.5 or 17.11%. The stock has outperformed its sector by 17.4% today, and it is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating strong upward momentum. Additionally, there has been a notable increase in investor participation, with delivery volume rising by 218.18% compared to the 5-day average. Despite the lack of specific positive or negative factors provided, the overall performance suggests a favorable sentiment towards the stock.
In the broader market context, Rite Zone's short-term return over the past week stands at an impressive 40.32%, significantly outperforming the Sensex, which only increased by 0.33% during the same period. This stark contrast highlights the stock's strong performance relative to the benchmark. However, it is important to note that year-to-date, Rite Zone's performance remains negative at -31.63%, while the Sensex has gained 9.09%, indicating that despite the recent surge, the stock has faced challenges over a longer timeframe.