Why is Simran Farms falling/rising?

As of 06-Nov, Simran Farms Ltd is experiencing a price increase, with its current price at Rs 172.45, reflecting a rise of Rs 7.45 or 4.52%. The stock has shown a positive trend today, outperforming its sector by 4.82% and reversing a two-day decline. It reached an intraday high of Rs 176.9, indicating strong intraday performance. Additionally, the stock has gained 6.38% over the past week and 15.47% over the past month, although it remains down 5.51% year-to-date and 31.54% over the past year. The rising investor participation, evidenced by a 17.58% increase in delivery volume compared to the five-day average, suggests growing interest in the stock.
In the broader market context, while Simran Farms has outperformed the benchmark Sensex in the short term, which has declined by 1.30% over the past week, the stock's year-to-date performance lags behind the Sensex's gain of 6.62%. This indicates that while the stock is currently rising, it has faced significant challenges over a longer timeframe. The liquidity of the stock remains adequate for trading, as it is liquid enough for a trade size of Rs 0 crore, which may also contribute to its recent upward movement.