Why is Shreenath Paper falling/rising?

As of 04-Nov, Shreenath Paper Products Ltd is experiencing a price increase, currently at Rs 22.40, reflecting a rise of 1.8 or 8.74%. The stock has outperformed its sector by 9.52% today, opening with a significant gain of 8.74%. It reached an intraday high of Rs 22.40 and has maintained this price throughout the trading session. However, the stock has shown erratic trading patterns, not trading on 2 out of the last 20 days, and there has been a notable decline in investor participation, with delivery volume dropping by 58.33% against the 5-day average. The stock's performance over the past week is positive at +7.69%, contrasting with the Sensex, which has decreased by 1.38%.
In the broader market context, while Shreenath Paper has shown a strong short-term performance, its one-month return is negative at -10.40%, whereas the Sensex has gained 2.77% in the same period. This indicates that despite the recent uptick, the stock has struggled over the longer term compared to the benchmark. The liquidity of the stock appears adequate for trading, as it is based on 2% of the 5-day average traded value. Overall, the recent rise in price can be attributed to positive short-term trading activity, despite underlying concerns regarding investor participation and longer-term performance.