Why is Ruchira Papers falling/rising?

As of 19-Aug, Ruchira Papers Ltd is experiencing a price increase, currently at Rs 141.55, reflecting a rise of 2.65 (1.91%). The stock has shown strong performance today, outperforming its sector by 1.36% and achieving a consecutive gain over the last three days, with a total increase of 5.2% during this period. Additionally, the stock has touched an intraday high of Rs 142.5. It is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a positive trend. The rising investor participation is also notable, with delivery volume increasing by 104.4% compared to the 5-day average. Furthermore, the stock boasts a high dividend yield of 3.6% at the current price, contributing positively to its recent movement.
In the broader market context, Ruchira Papers has outperformed the Sensex over the past week, with a return of +4.08% compared to the benchmark's +1.76%. Year-to-date, the stock has gained +9.81%, while the Sensex has increased by +4.49%. This indicates that Ruchira Papers is not only performing well in the short term but also maintaining a strong position relative to the broader market trends. Overall, the combination of positive stock-specific factors and favorable comparisons to the benchmark supports the recent upward movement in Ruchira Papers' stock price.