Why is Sri Nacha. Cott. falling/rising?

As of 23-Sep, Sri Nachammai Cotton Mills Ltd is experiencing a price increase, currently at Rs 34.70, reflecting a rise of Rs 1.95 or 5.95%. The stock opened with a significant gain of 7.79% today and reached an intraday high of Rs 35.3. Despite this positive movement, the stock has shown a decline of 2.17% over the past week and a year-to-date drop of 17.97%. Additionally, the stock's delivery volume has decreased sharply by 87.97% compared to the 5-day average, indicating falling investor participation. The stock is currently trading above its 20-day, 50-day, and 100-day moving averages, but below its 5-day and 200-day moving averages, suggesting mixed momentum.
Broader Market Context: In comparison to the benchmark Sensex, which has declined by 0.34% over the past week, Sri Nachammai Cotton Mills Ltd has outperformed the market. However, the stock's year-to-date performance is significantly lagging behind the Sensex, which has gained 5.07% during the same period. This contrast highlights the stock's volatility and challenges in maintaining investor interest despite today's positive price action.