Why is Subam Papers falling/rising?

As of 11-Nov, Subam Papers Ltd is experiencing a price increase, with the current price at Rs 166.55, reflecting a rise of 7.9 or 4.98%. The stock has been gaining momentum, having outperformed its sector by 5.64% today and has shown a significant increase of 13.38% over the last three days. Additionally, it is trading above all key moving averages, indicating strong upward momentum. The stock is also close to its 52-week high, just 4.77% away from Rs 174.5. Notably, there has been a substantial increase in investor participation, with delivery volume rising by 139.92% compared to the five-day average, suggesting heightened interest and confidence among investors.
In the broader market context, Subam Papers has significantly outperformed the Sensex over various periods, with a one-week return of 12.92% compared to the Sensex's 0.49%, and a one-month return of 19.69% against the Sensex's 1.66%. This strong performance indicates that the stock is not only gaining traction on its own but is also benefiting from favorable market conditions relative to its benchmark. The overall positive sentiment surrounding the stock, combined with its recent performance metrics, suggests a robust outlook for Subam Papers Ltd in the current market environment.