Why is Subam Papers falling/rising?

As of 20-Oct, Subam Papers Ltd is experiencing a price increase, currently at Rs 152.00, reflecting a rise of Rs 3.5 or 2.36%. The stock has shown strong performance recently, gaining 5.78% over the last two days and outperforming its sector by 1.58% today. It has also been trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a positive trend. However, there is a notable decline in investor participation, with delivery volume dropping by 60.46% compared to the 5-day average, which could suggest a potential concern for sustained momentum.
Broader Market Context: In the context of market performance, Subam Papers has outperformed the Sensex over the past week, with a return of 13.86% compared to the benchmark's 2.47%. Over the year-to-date, the stock has returned 6.67%, which is slightly below the Sensex's 7.97%. This indicates that while Subam Papers is currently on an upward trajectory, its overall performance relative to the broader market has been mixed, particularly in the longer term, where it has lagged behind the benchmark over the 3-year and 5-year periods.