Why is Sharp Chucks and falling/rising?

As of 24-Sep, Sharp Chucks and Machines Ltd is experiencing a price increase, currently at 102.60, reflecting a rise of 8.9 or 9.5%. The stock has shown strong performance recently, outperforming its sector by 11.26% today. 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 investor participation, with delivery volume rising by 324.14% against the 5-day average. Despite a year-to-date decline of 14.68% and a one-year drop of 20.47%, the recent short-term returns of +41.03% over the past week and +36.80% over the past month suggest a strong recovery phase.
In the broader market context, while the Sensex has shown a slight decline of 1.08% over the past week and a modest gain of 0.75% over the past month, Sharp Chucks and Machines Ltd's impressive short-term performance stands in stark contrast to the benchmark. This divergence indicates that the stock is gaining traction among investors, likely driven by positive sentiment and increased trading activity, despite its longer-term underperformance relative to the market. The lack of specific positive or negative factors does not detract from the stock's current upward momentum, which appears to be fueled by strong trading volume and favorable moving averages.