Why is Savera Industrie falling/rising?

As of 15-Oct, Savera Industries Ltd is experiencing a price increase, currently at Rs 161.50, which reflects a rise of Rs 6.5 or 4.19%. The stock has shown strong performance today, outperforming its sector by 3.21% and reaching an intraday high of Rs 163, a gain of 5.16%. Over the past week, the stock has increased by 5.94%, while its one-month return stands at 5.62%. However, it is important to note that the stock has seen a decline of 1.64% year-to-date, despite a significant increase of 136.11% over the last three years. The stock is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a positive trend. Nonetheless, there has been a slight decrease in investor participation, with delivery volume falling by 0.16% against the 5-day average.
In the broader market context, Savera Industries' recent performance has outpaced the Sensex, which has only increased by 1.02% over the past week and 1.00% over the past month. This suggests that while the stock is performing well relative to the benchmark, its year-to-date performance lags behind the Sensex's gain of 5.72%. The liquidity of the stock appears adequate for trading, as it represents 2% of the 5-day average traded value. Overall, the combination of strong short-term performance and relative outperformance against the benchmark contributes to the stock's rising price, despite some concerns regarding declining investor participation.