Why is Super Bakers (I) falling/rising?

As of 17-Oct, Super Bakers (India) Ltd is experiencing a price increase, with its current price at Rs 30.45, reflecting a rise of Rs 1.45 or 5.0%. The stock has shown strong performance today, outperforming its sector by 5.32% and opening with a gain of 3.41%. It reached an intraday high of Rs 30.45, and it is trading above all key moving averages, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages. Additionally, there has been a significant increase in investor participation, with delivery volume rising by 298.17% compared to the 5-day average. The stock's year-to-date return stands at +14.30%, which is notably higher than the Sensex's +7.44%.
In the broader market context, Super Bakers (India) Ltd has outperformed the Sensex over the past week, with a return of +5.00% compared to the benchmark's +1.76%. This indicates a strong relative performance in the short term. While the stock has a negative return of -3.33% over the past year, its impressive 3-year and 5-year returns of +117.81% and +365.60%, respectively, suggest a solid long-term growth trajectory. Overall, the combination of strong short-term performance, increased investor interest, and favorable trading conditions contributes to the stock's rising price.