Why is GRM Overseas falling/rising?

As of 14-Nov, GRM Overseas Ltd's stock price is rising, currently at Rs. 483.00, reflecting an increase of Rs. 32.25 or 7.15%. The stock has recently reached a new 52-week high of Rs. 489 and has outperformed its sector by 1.89%. Over the past two days, the stock has gained 9.44%, and its performance over the last year shows a remarkable return of 137.29%, significantly higher than the broader market's return of 8.00%. Despite a decrease in delivery volume by 31.57% compared to the five-day average, the stock is trading above its moving averages, indicating strong momentum.
In the broader market context, GRM Overseas has demonstrated impressive short-term performance, with a weekly return of 8.10% compared to the Sensex's 1.62%. This outperformance highlights the stock's strength relative to the market. The rice and rice processing sector has also seen gains of 5.03%, contributing to the positive sentiment around GRM Overseas. Overall, the combination of strong historical returns, recent price movements, and sector performance supports the stock's upward trajectory.