Why is Shreyas Interm. falling/rising?

As of 19-Nov, Shreyas Intermediates Ltd is experiencing a significant rise in its stock price, currently at Rs 10.99, reflecting an increase of 1.83 or 19.98%. The stock has shown a remarkable performance today, outperforming its sector by 20.43% and has been on a consecutive gain streak for the last four days, accumulating a total return of 53.71% during this period. It opened with a gain of 9.17% today and reached an intraday high of Rs 10.99, although it also touched a low of Rs 8.5 earlier in the day. The stock is trading above all its moving averages, indicating a strong upward trend, and there has been a notable increase in investor participation, with delivery volume rising by 451.35% compared to the five-day average.
In the broader market context, Shreyas Intermediates Ltd has significantly outperformed the Sensex in the short term, with a weekly return of 53.28% compared to the Sensex's modest gain of 0.85%. However, it is important to note that the stock has underperformed on a year-to-date basis, down 15.91%, while the Sensex has gained 9.02%. This stark contrast highlights the stock's recent recovery phase despite its longer-term struggles. Overall, the combination of high volatility, strong trading volume, and positive short-term returns has contributed to the stock's rising price.