Why is S I Paper Mills falling/rising?

As of 24-Oct, South India Paper Mills Ltd is experiencing a significant rise in its stock price, currently at Rs 91.23, reflecting an increase of Rs 12.68 or 16.14%. The stock has shown strong performance today, outperforming its sector by 16.74% and has been on a consecutive gain streak for the last four days, accumulating a remarkable 30.31% return over this period. It opened with a gain of 7.94% and reached an intraday high of Rs 94.26, indicating strong buying interest. However, despite this positive momentum, there has been a decline in investor participation, with delivery volume falling by 1.51% compared to the 5-day average, which may suggest some caution among investors.
Broader Market Context: In the context of the benchmark, the stock's short-term performance over the past week has significantly outpaced the Sensex, which only increased by 0.31%. While the stock has shown impressive gains recently, it still faces challenges in the year-to-date performance, down 14.74% compared to the Sensex's 7.77% increase. This indicates that while the stock is currently rising, it has struggled over a longer timeframe, highlighting a potential volatility in its overall performance relative to the broader market trends.