Why is Swadeshi Polytex falling/rising?

As of 29-Aug, Swadeshi Polytex Ltd is experiencing a price increase, currently at Rs 67.00, reflecting a rise of Rs 1.72 or 2.63%. The stock has shown positive performance today, outperforming its sector by 3.33% and achieving consecutive gains over the last two days with a total return of 3.38%. Additionally, the stock reached an intraday high of Rs 68.54, indicating strong upward momentum. The recent trading activity has also seen a significant increase in investor participation, with delivery volume rising by 166.46% compared to the 5-day average. However, the stock's year-to-date performance remains negative at -27.32%, despite a strong 3-year return of +93.08%.
In the broader market context, the Sensex has declined by 1.84% over the past week and 1.88% over the past month, while Swadeshi Polytex has posted a 1.44% gain in the same week and a 5.74% gain in the past month. This indicates that the stock is performing well relative to the benchmark during this period. Despite the overall market downturn, Swadeshi Polytex's recent gains suggest a divergence from broader market trends, potentially driven by increased investor interest and positive trading dynamics.