Why is Sabrimala Indus. falling/rising?

As of 09-Oct, Sabrimala Industries India Ltd is experiencing a significant rise in its stock price, currently at Rs 15.77, reflecting an increase of 1.43 or 9.97%. The stock has been on an upward trend, gaining for the last four consecutive days and achieving a remarkable 33.31% return during this period. It opened with a substantial gain of 8.79% today and reached an intraday high of Rs 15.77. Additionally, the stock is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating strong momentum. There has also been a notable increase in investor participation, with delivery volume rising by 454.07% compared to the 5-day average, suggesting heightened interest in the stock.
In the broader market context, Sabrimala Industries has significantly outperformed the benchmark Sensex, which only increased by 1.47% over the past week, while the stock surged by 33.08%. Over the last month, the stock has shown a remarkable return of 43.49%, compared to the Sensex's modest gain of 1.32%. Despite a year-to-date decline of 18.37%, the stock's strong recent performance indicates a recovery phase, driven by positive investor sentiment and trading activity. The absence of specific positive or negative factors in the dashboard does not detract from the stock's current upward trajectory, as the overall market conditions appear favorable for Sabrimala Industries.