Why is Vipul Organics falling/rising?

As of 20-Jun, Vipul Organics Ltd is experiencing a price increase, currently at Rs 209.40, reflecting a rise of 1.9 (0.92%). The stock has shown strong performance recently, gaining 18.51% over the past week and 23.91% over the last month. It has been on a consecutive gain streak for the last five days, with today's intraday high reaching Rs 211.65. Additionally, the stock is trading above all its moving averages, indicating a positive trend. The delivery volume has also surged by 192.71% compared to the 5-day average, suggesting increased investor interest. Furthermore, the stock has outperformed the BSE 500 index over various time frames, including a notable 39.61% return over the past year.
In the broader market context, Vipul Organics has significantly outperformed the benchmark Sensex, which has only gained 1.59% over the past week and 1.50% over the past month. This strong relative performance highlights the stock's appeal to investors, particularly in the short term, as it continues to generate substantial returns compared to the market. The liquidity of the stock also supports its trading activity, making it a viable option for investors looking for growth. Overall, the combination of strong recent performance, rising investor participation, and favorable comparisons to the benchmark contributes to the stock's upward movement.