Why is Eighty Jewellers falling/rising?

As of 17-Nov, Eighty Jewellers Ltd is experiencing a price increase, currently at Rs 31.00, which reflects a change of 1.51 or 5.12% upward. The stock has shown strong performance today, outperforming its sector by 4.12% and opening with a significant gain of 8.68%. It reached an intraday high of Rs 32.05. Over the past week, the stock has increased by 14.18%, contrasting with a modest 1.69% rise in the Sensex. However, it has struggled over the longer term, with year-to-date returns down by 33.97% compared to an 8.72% increase in the benchmark index. The stock's trading has been erratic, with no trades on 4 out of the last 20 days, and while it is currently trading above its 5-day moving average, it remains below the longer-term moving averages.
In the broader market context, the stock's recent performance is significantly better than the Sensex in the short term, indicating a potential recovery or positive sentiment among investors despite its long-term struggles. The stock's liquidity appears adequate for trading, suggesting that there is enough market interest to support its recent price movements. However, the lack of detailed positive or negative factors limits a comprehensive understanding of the underlying reasons for the stock's rise today. Overall, the current upward movement can be attributed to a combination of short-term gains and sector outperformance, despite the challenges faced in the longer term.