Why is Soma Textiles falling/rising?

As of 13-Jun, Soma Textiles & Industries Ltd is experiencing a price increase, currently at Rs 45.00, reflecting a rise of 1.01 or 2.3%. The stock has shown a strong performance today, having outperformed its sector by 3.37% and achieving a consecutive gain over the last two days with a total return of 7.12%. Despite opening with a loss of 3.02%, the stock reached an intraday high of Rs 45.9, indicating positive momentum. Over the past year, Soma Textiles has generated a return of 25.00%, significantly outperforming the BSE 500 in each of the last three annual periods, which contributes to investor confidence. Additionally, the stock is trading above all key moving averages, and there has been a notable increase in investor participation, with delivery volume rising by 448.03% against the five-day average.
In the broader market context, Soma Textiles has outperformed the benchmark Sensex in the short term, with a one-week return of 1.65% compared to the Sensex's decline of 1.30%. This trend of outperformance is further emphasized by the stock's positive returns over the past month and year, contrasting with the Sensex's minimal movement. While the stock has a year-to-date return of -4.26%, the strong historical performance over three and five years, along with consistent returns, suggests resilience and potential for recovery, which may be attracting more investors despite the recent volatility.