Why is Sh. Jagdamba Pol falling/rising?

As of 24-Sep, Shri Jagdamba Polymers Ltd is experiencing a price increase, currently at Rs 872.95, which reflects a rise of Rs 22.95 or 2.7%. The stock has shown a trend reversal by gaining after six consecutive days of decline, and it outperformed its sector by 3.18% today. Despite this positive movement, the stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a longer-term bearish trend. Additionally, there has been a significant drop in investor participation, with delivery volume falling by 69.88% compared to the 5-day average, which may suggest a lack of confidence among investors. There is no information available regarding positive or negative factors that could further explain the stock's recent movement.
Broader market context shows that over the past week, the stock has underperformed the benchmark Sensex, which declined by 1.18% compared to the stock's 3.00% drop. However, on a year-to-date basis, Shri Jagdamba Polymers has outperformed the Sensex, with a return of 15.07% against the benchmark's 4.58%. This indicates that while the stock is currently experiencing a short-term rebound, its recent performance has been volatile compared to the broader market trends.