Why is Salona Cotspin falling/rising?

As of 17-Oct, Salona Cotspin Ltd. is experiencing a price increase, currently at Rs 271.25, reflecting a rise of Rs 10.25 or 3.93%. The stock has shown strong performance recently, outperforming its sector by 4.91% today and has gained 8.5% over the last two days. Additionally, it is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a positive trend. The stock has also seen a significant increase in delivery volume, rising by 950.79% against the 5-day average, which suggests rising investor participation. However, it has been noted that the stock did not trade on 3 out of the last 20 days, indicating some erratic trading behavior.
In the broader market context, Salona Cotspin's short-term performance over the past week shows a return of +8.57%, significantly outperforming the Sensex, which has only increased by +1.76% during the same period. While the stock has had a challenging year-to-date return of -2.01% compared to the Sensex's +7.44%, its long-term performance remains strong with a remarkable +409.87% increase over the past five years, compared to the Sensex's +109.97%. This contrast highlights the stock's potential for recovery and growth despite its recent volatility and underperformance in the longer term.