Why is Bengal & Assam falling/rising?

As of 03-Sep, Bengal & Assam Company Ltd is experiencing a price increase, currently at 8,480.00, reflecting a rise of 80.0 points or 0.95%. The stock has shown a positive trend, gaining for the last four consecutive days and achieving a return of 4.05% over this period. It is also trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating strong momentum. Additionally, there has been a notable increase in investor participation, with delivery volume rising by 78.08% compared to the 5-day average. Despite a year-to-date decline of 8.82% and a one-year drop of 15.56%, the company's strong long-term fundamentals, highlighted by an average Return on Equity (ROE) of 15.18%, suggest resilience and potential for recovery.
In the broader market context, Bengal & Assam's short-term performance of +4.05% over the past week stands in stark contrast to the Sensex, which has seen a slight decline of 0.27% during the same period. This outperformance indicates that the stock is gaining traction relative to the market, which may be attracting more investors. While the stock has underperformed in the longer term compared to the benchmark, the recent positive movements and strong fundamentals could be contributing to renewed interest and confidence among investors.