Why is Bhakti Gems falling/rising?

As of 19-Nov, Bhakti Gems & Jewellery Ltd is experiencing a slight increase in its stock price, currently at Rs. 26.16, reflecting a change of 0.08 (0.31%) upward. The stock has been on a positive trajectory, gaining for the last four days and achieving a total return of 4.35% during this period. Additionally, it has reached a new 52-week high of Rs. 26.89 today. Over the past week, the stock has outperformed the Sensex, with a return of 3.97% compared to the benchmark's 0.85%. Year-to-date, Bhakti Gems has shown a remarkable return of 78.08%, significantly higher than the Sensex's 9.02%. The stock is also trading above its moving averages across various time frames, indicating a strong upward trend. Furthermore, there has been a notable increase in investor participation, with delivery volume rising by 80.13% against the five-day average.
In the broader market context, while Bhakti Gems has outperformed the Sensex in the short term, it is important to note that it underperformed its sector by 0.77% today. This suggests that while the stock is rising, it may not be keeping pace with its peers in the sector. The liquidity of the stock is adequate for trading, as it is based on 2% of the five-day average traded value. Overall, the combination of strong recent performance, increased investor interest, and favorable trading conditions contributes to the stock's upward movement, despite some relative underperformance against its sector today.