Why is Williamson Magor falling/rising?

As of 29-Oct, Williamson Magor & Company Ltd is experiencing a price increase, currently at Rs 35.60, which reflects a rise of Rs 1.97 or 5.86%. The stock has outperformed its sector today by 5.8%, reaching an intraday high of Rs 36.76. Despite high volatility with an intraday fluctuation of 7.64%, the stock is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. However, there has been a significant drop in investor participation, with delivery volume falling by 73.24% compared to the 5-day average, indicating a potential concern regarding sustained interest in the stock.
Broader Market Context: In the short term, Williamson Magor has shown a return of 2.68% over the past week, significantly outperforming the Sensex, which has only increased by 0.68%. Over the past month, the stock's return of 14.88% also surpasses the Sensex's 5.76% increase. However, it is important to note that year-to-date, Williamson Magor is down 8.53%, contrasting with the Sensex's gain of 8.78%. This mixed performance suggests that while the stock is currently rising, it has faced challenges in the longer term compared to the broader market.