Why is Suryalata Spg. falling/rising?

As of 14-Nov, Suryalata Spinning Mills Ltd is experiencing a price increase, with its current price at 350.05, reflecting a rise of 16.6 or 4.98%. The stock opened with a gain of 2.5% today and reached an intraday high of Rs 354.95, which is a 6.45% increase. It has outperformed its sector by 5.91% today, and its delivery volume has risen significantly, indicating increased investor participation. Additionally, the stock is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, suggesting a strong upward trend. The stock's performance over the past week shows a return of +7.71%, while its one-year return stands at +13.17%, indicating a solid performance relative to historical data.
In the broader market context, the Sensex has shown a return of +1.62% over the past week and +9.00% over the past year, which highlights that Suryalata Spinning Mills Ltd has outperformed the benchmark index in the short term. The stock's year-to-date return of +1.68% is notably lower than the Sensex's +8.22%, but the recent momentum suggests a positive shift in investor sentiment. Overall, the combination of strong trading performance, rising investor interest, and favorable comparisons to both sector performance and historical benchmarks contribute to the stock's rising price.