Why is Sabrimala Indus. falling/rising?

As of 24-Oct, Sabrimala Industries India Ltd is experiencing a price increase, with its current price at 13.77, reflecting a rise of 0.65 or 4.95%. The stock has shown strong short-term performance, with a 12.32% increase over the past week and a 23.72% rise over the past month, significantly outperforming the Sensex, which rose only 0.31% and 3.05% in the same periods, respectively. Additionally, Sabrimala Industries is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a positive trend. However, there has been a notable decline in investor participation, with delivery volume dropping by 88.72% compared to the 5-day average, which could raise concerns about the sustainability of the current price movement.
In the broader market context, while Sabrimala Industries has outperformed the benchmark in the short term, it has underperformed significantly year-to-date and over the past year, with declines of 28.73% and 51.82%, respectively, compared to the Sensex's gains of 7.77% and 5.18%. This disparity suggests that while the stock is currently rising, it has faced considerable challenges over a longer timeframe. The liquidity of the stock remains adequate for trading, as it is based on 2% of the 5-day average traded value, which supports its ability to attract investors despite the recent drop in delivery volumes.