Why is Subhash Silk falling/rising?

As of 16-Sep, Subhash Silk Mills Ltd is experiencing a price increase, with its current price at Rs 73.02, reflecting a rise of 3.47 or 4.99%. The stock has shown strong performance today, outperforming its sector by 3.54% and opening with a gain of 4.99%. It has maintained its price at Rs 73.02 throughout the trading day, indicating stability. Additionally, the stock is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, which suggests a positive trend. However, there has been a notable decline in investor participation, with delivery volume falling by 30.8% compared to the 5-day average, which could indicate a potential concern for future trading activity.
Broader Market Context: In the context of market performance, Subhash Silk Mills has significantly outperformed the benchmark Sensex over the past week and month, with returns of 20.30% and 18.85%, respectively, compared to the Sensex's 1.58% and 2.21%. While the stock has a year-to-date return of -0.10%, it has shown remarkable growth over the past year and three years, with increases of 192.08% and 210.72%, respectively. This strong historical performance contrasts with the broader market, which has seen a modest gain of 5.43% year-to-date and 40.01% over three years, suggesting that Subhash Silk Mills is currently benefiting from positive momentum despite some recent volatility in trading volume.