Why is Banaras Beads falling/rising?

As of 06-Oct, Banaras Beads Ltd is experiencing a price increase, currently at Rs 142.10, which reflects a rise of Rs 1.65 or 1.17%. The stock has shown strong performance recently, gaining 18.37% over the last six days and outperforming its sector by 1.2% today. Additionally, the stock has demonstrated impressive returns over various periods, including a 34.76% increase over the past month and a 37.96% rise over the past year. However, there has been a notable decline in investor participation, with delivery volume dropping by 46.45% against the five-day average, which may indicate a potential concern for sustained momentum.
In the broader market context, Banaras Beads has outperformed the Sensex, which has only increased by 1.77% over the past week, while Banaras Beads has risen by 5.67% in the same timeframe. This trend of outperforming the benchmark is consistent across multiple periods, including a year-to-date return of 14.60% compared to the Sensex's 4.67%. The stock's liquidity remains adequate, allowing for trades of Rs 0.05 crore, which supports its recent price movements despite the drop in delivery volume. Overall, the combination of strong recent gains and relative outperformance against the benchmark suggests a positive sentiment around Banaras Beads Ltd, even as investor participation shows signs of decline.