Why is Simran Farms falling/rising?

As of 10-Nov, Simran Farms Ltd is experiencing a price increase, currently at Rs 182.00, reflecting a rise of Rs 6.9 or 3.94%. The stock has shown strong performance recently, gaining for three consecutive days and achieving a total return of 10.3% during this period. It has outperformed its sector by 3.94% today, with an intraday high of Rs 184.3 and a low of Rs 171.25. Additionally, the stock is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a positive trend. There has also been a notable increase in investor participation, with delivery volume rising by 31.5% compared to the 5-day average. Unfortunately, the positive and negative factors dashboard is not available for further insights.
In the broader market context, Simran Farms has significantly outperformed the benchmark Sensex over the past week, with a return of +9.94% compared to the Sensex's -0.53%. Over the last month, the stock has also shown a robust return of +21.94%, while the Sensex only increased by +1.25%. However, it is worth noting that the stock has a year-to-date return of -0.27%, which contrasts with the Sensex's +6.91%, indicating some volatility in the longer term. Overall, the recent upward movement of Simran Farms can be attributed to strong short-term performance and increased investor interest, despite its mixed performance over the longer term.