Why is International Ge falling/rising?

As of 10-Sep, International Gemmological Institute (India) Ltd is experiencing a price increase, currently at Rs 373.40, reflecting a rise of Rs 24.55 or 7.04%. The stock has outperformed its sector by 6.89% today, reaching an intraday high of Rs 378.45. Over the past week, the stock has increased by 7.19%, and over the past month, it has risen by 7.98%. The company has shown strong financial performance, with positive results for the last two consecutive quarters, including a significant operating cash flow and a notable growth in profit after tax. Additionally, the company maintains a strong long-term fundamental strength with a high average return on equity and a low debt-to-equity ratio, which likely contributes to investor confidence and the stock's upward movement.
In the broader market context, the stock's short-term performance significantly outpaces the benchmark Sensex, which has only increased by 1.06% over the past week and 1.96% over the past month. This contrast highlights the stock's strong relative performance in a generally stable market environment. Furthermore, the rising investor participation, indicated by an increase in delivery volume, suggests growing interest in the stock, which may be driving its price higher. Overall, the combination of strong financial fundamentals, positive recent performance, and favorable market conditions appears to be contributing to the stock's rise.