Why is Vadilal Enterp. falling/rising?

As of 12-Nov, Vadilal Enterprises Ltd is experiencing a price increase, currently at 10,899.90, reflecting a rise of 599.9 or 5.82%. The stock has shown a positive trend today, outperforming its sector by 5.63% and reversing a three-day decline. It reached an intraday high of Rs 10,998.95, indicating strong trading activity. The stock is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, suggesting a bullish trend. Additionally, there has been a notable increase in delivery volume, which rose by 36.84% compared to the 5-day average, indicating rising investor participation. The stock's performance over various periods has been impressive, with a year-to-date return of 31.36% and a one-year return of 135.98%, significantly outpacing the Sensex.
In the broader market context, Vadilal Enterprises Ltd's short-term return of 1.76% over the past week exceeds the Sensex's return of 1.21%, highlighting its strong performance relative to the benchmark. Over the past month, the stock's return of 5.82% also surpasses the Sensex's 2.38%, further emphasizing its resilience in the market. The liquidity of the stock is adequate for trading, as it is based on 2% of the 5-day average traded value. Overall, the combination of strong recent performance, increased investor interest, and favorable comparisons to the benchmark contributes to the stock's upward movement.