Why is Shine Fashions falling/rising?

As of 24-Sep, Shine Fashions (India) Ltd is experiencing a rise in its stock price, currently at Rs 47.95, reflecting an increase of 1.81 (3.92%). The stock has shown strong performance today, outperforming its sector by 4.11% and has been on a consecutive gain for the last two days, accumulating a total return of 8.98% during this period. Additionally, the stock opened with a significant gain of 4.88% today and reached an intraday high of Rs 48.39. In terms of returns, the stock has increased by 15.82% over the past week, contrasting with a decline of 1.18% in the Sensex. However, it has seen a decrease of 7.07% over the past month, while it has performed well over the past year with a rise of 19.80%.
Broader Market Context: The stock's recent performance stands out against the backdrop of the Sensex, which has shown a slight decline of 1.18% over the past week and a modest gain of 0.50% over the past month. Despite the stock's year-to-date performance being down by 1.80% compared to the Sensex's increase of 4.58%, the significant rise in investor participation, indicated by a 54.35% increase in delivery volume, suggests a growing interest in the stock. This liquidity, along with the stock trading above its 5-day, 20-day, and 200-day moving averages, indicates a positive sentiment among investors, contributing to the stock's upward movement.