Why is Sonalis Consumer falling/rising?

As of 23-Oct, Sonalis Consumer Products Ltd is experiencing a significant rise in its stock price, currently at Rs 70.80, reflecting an increase of Rs 11.8 or 20.0%. The stock has outperformed its sector by 20.05% today, opening with a gain of 3.37% and reaching an intraday high of Rs 70.80. Over the past week, the stock has shown a robust return of +18.00%, while its one-month return stands at +11.02%. Despite a year-to-date increase of +2.85%, the stock has faced challenges over the past year, with a decline of -17.87%. The stock is currently trading above all major moving averages, indicating a positive trend, although there has been a notable drop in investor participation, with delivery volume decreasing by 31.82% compared to the five-day average.
In the broader market context, the Sensex has only increased by 1.30% over the past week, highlighting Sonalis Consumer's strong performance relative to the benchmark. The stock's high volatility today, with an intraday volatility of 7.83%, suggests active trading and investor interest, despite the liquidity being adequate for trading. The stock's ability to maintain a wide trading range of Rs 10.29 indicates significant market activity. Overall, while the stock has shown positive short-term performance, the decline in investor participation could pose challenges for sustained growth moving forward.