Why is Gravity (India) falling/rising?

As of 17-Nov, Gravity (India) Ltd is experiencing a price increase, currently at 7.05, which reflects a rise of 0.33 or 4.91%. The stock has shown strong performance recently, outperforming its sector by 4.86% today and achieving consecutive gains over the last two days, with a total return of 10.16% during this period. Additionally, Gravity (India) is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a positive trend. The stock has also seen a significant increase in investor participation, with delivery volume rising by 970.58% compared to the 5-day average, suggesting heightened interest and confidence among investors.
In the broader market context, Gravity (India) has outperformed the benchmark Sensex over the past week and month, with returns of 4.60% and 7.47%, respectively, compared to the Sensex's 1.69% and 1.19%. This indicates that the stock is not only gaining traction on its own but is also doing so in a favorable market environment. The year-to-date and one-year performance data for Gravity (India) is not available, but its three-year return of 32.77% is slightly below the Sensex's 37.57%, while the five-year return of 577.88% significantly surpasses the benchmark's 93.28%. This suggests that while the stock has been volatile, it has delivered substantial long-term gains, contributing to its current upward momentum.