Why is Vipul Organics falling/rising?

As of 24-Sep, Vipul Organics Ltd is experiencing a price increase, currently at 210.95, reflecting a rise of 1.6 or 0.76%. The stock has shown a positive performance today, outperforming its sector by 1.5% and has gained for the last two consecutive days, with a total return of 0.86% during this period. It opened with a notable gain of 4.11% and reached an intraday high of Rs 217.95. However, it also touched a low of Rs 205, indicating some volatility. Over the past year, the stock has generated a return of 10.37%, outperforming the BSE500 index over the last three years, one year, and three months, which contributes positively to its recent upward movement.
In the broader market context, the stock's short-term return of +4.43% over the past week stands in stark contrast to the Sensex, which has declined by 1.18% during the same period. This indicates that Vipul Organics is not only performing well relative to its historical benchmarks but also gaining traction in a generally declining market. Despite a decrease in investor participation, as evidenced by a significant drop in delivery volume, the stock remains liquid enough for trading, suggesting that the positive sentiment from long-term performance and majority shareholder support is helping to sustain its price increase.