Why is Simran Farms falling/rising?

As of 28-Oct, Simran Farms Ltd is experiencing a price increase, with the current price at Rs 153.70, reflecting a rise of Rs 3.75 or 2.5%. The stock opened with a gain of 3.83% today and reached an intraday high of Rs 155.7. Over the past week, the stock has outperformed its sector by 3.05%, showing a return of +4.52%, while its one-month return stands at +1.75%. However, it is important to note that the stock has a year-to-date decline of -15.78% and a one-year decline of -24.08%. Additionally, the stock's delivery volume has decreased by -7.36% compared to the five-day average, indicating a decline in investor participation, which could be a negative factor affecting its overall momentum.
In the broader market context, the Sensex has shown a modest return of +0.24% over the past week, while Simran Farms has significantly outperformed this benchmark. Despite this short-term outperformance, the stock's longer-term performance remains concerning, with a year-to-date return that lags behind the Sensex's +8.30%. The stock is currently trading above its 5-day and 20-day moving averages but below its 50-day, 100-day, and 200-day moving averages, suggesting mixed signals regarding its trend. Overall, while the recent price increase is a positive development, the declining investor participation and poor long-term performance relative to the benchmark may temper enthusiasm among investors.