Why is Unilex Colour &C falling/rising?

As of 04-September, Unilex Colour & Chemical Ltd's stock price is rising, currently at 47.95, reflecting an increase of 0.95 or 2.02%. The stock has shown a strong performance today, outperforming its sector by 2.91%. Additionally, it has experienced a notable increase in investor participation, with delivery volume rising by 370.59% compared to the 5-day average. In terms of returns, the stock has increased by 4.24% over the past week and 1.05% over the past month, indicating positive short-term momentum, although it remains down 44.31% year-to-date.
In the broader market context, the Sensex has only increased by 0.95% over the past week and 0.05% over the past month, suggesting that Unilex's recent gains are significant compared to the overall market performance. Despite the stock's year-to-date decline, its recent upward movement contrasts sharply with the benchmark's performance, highlighting a potential recovery phase. The stock's liquidity is also adequate for trading, further supporting its recent price rise.