Why is Siddhika Coatins falling/rising?

As of 17-Nov, Siddhika Coatings Ltd is experiencing a price increase, with its current price at Rs 233.10, reflecting a rise of Rs 11.1 or 5.0%. The stock has shown strong performance, outperforming its sector by 4.86% today and is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Over the past week, the stock has gained 3.60%, and over the past month, it has risen by 17.19%. However, there is a notable decline in investor participation, with delivery volume on 14 November dropping by 77.27% compared to the 5-day average, which may indicate a potential concern for future trading activity.
Broader Market Context: In comparison to the benchmark Sensex, which has increased by 1.72% over the past week, Siddhika Coatings Ltd's performance is significantly stronger, showcasing its resilience and attractiveness to investors. Year-to-date, the stock has risen by 29.72%, while the Sensex has only increased by 10.02%. This substantial outperformance over various periods, including a remarkable 279.49% increase over the past three years, suggests that the stock is gaining traction among investors despite the recent drop in delivery volume.