Why is Starsource Multi falling/rising?

As of 11-Nov, Starsource Multitrade Ltd is experiencing a price increase, currently at 124.00, which reflects a rise of 8.5 or 7.36%. The stock has shown a positive trend today, having outperformed its sector by 8.39% and marking a reversal after five consecutive days of decline. It reached an intraday high of Rs 129, indicating strong upward momentum. Over the past year, the stock has delivered a remarkable return of 47.62%, significantly outperforming the Sensex, which only increased by 5.50% during the same period. However, there has been a notable drop in investor participation, with delivery volume falling by 75.45% against the five-day average, which may indicate a cautious sentiment among investors despite the price rise.
Broader Market Context: In the short term, Starsource Multitrade Ltd has outperformed the benchmark Sensex, with a weekly return of 0.69% compared to the Sensex's 0.49%. The stock's strong performance over various time frames, including a year-to-date increase of 12.89% versus the Sensex's 7.34%, underscores its resilience in the market. Despite the recent volatility, characterized by an intraday volatility of 6.52%, the stock remains above its moving averages, suggesting a bullish trend. The liquidity of the stock appears adequate for trading, although the significant drop in delivery volume could be a concern for sustained upward momentum.