Why is Unjha Formul. falling/rising?

As of 10-Nov, Unjha Formulations Ltd is experiencing a price increase, with the current price at Rs 25.55, reflecting a rise of Rs 1.95 or 8.26%. The stock has shown strong performance today, outperforming its sector by 7.21% and achieving consecutive gains over the last two days, resulting in a total increase of 11.14% during this period. The stock reached an intraday high of Rs 27, marking a significant increase of 14.41%, although it also faced volatility, trading in a wide range with an intraday volatility of 9.93%. Despite these positive movements, there has been a notable decline in investor participation, with delivery volume dropping by 62% compared to the five-day average, which could indicate a potential concern for sustained momentum.
In the broader market context, Unjha Formulations Ltd has outperformed the benchmark Sensex over the past week, with a return of +8.77% compared to the Sensex's -0.53%. However, the stock has underperformed on a year-to-date basis, with a decline of 15.93% against the Sensex's gain of 6.91%. This mixed performance suggests that while the stock is currently rising, it has faced significant challenges over a longer time frame, which may affect investor sentiment moving forward.