Why is International Ge falling/rising?

As of 22-Sep, the International Gemmological Institute (India) Ltd has experienced a price increase, currently trading at 372.00, which reflects a rise of 0.85 or 0.23%. Today's price summary indicates that the stock has outperformed its sector by 0.94%, marking a trend reversal after two consecutive days of decline. The stock is currently above its 20-day, 50-day, and 100-day moving averages, although it remains below its 5-day and 200-day moving averages. Additionally, there has been a notable increase in investor participation, with delivery volume rising by 22.52% compared to the 5-day average. Despite a year-to-date decline of 32.79%, the company has shown strong long-term fundamentals, with a high average Return on Equity (ROE) of 40.21% and a low Debt to Equity ratio, which supports its recent price movement.
In the broader market context, the stock's short-term performance over the past week shows a decline of 0.96%, while the benchmark Sensex has increased by 0.46%. This indicates that the stock has underperformed relative to the benchmark in the short term. However, over the past month, the stock has gained 6.07%, outperforming the Sensex's 1.05% increase. The company has also declared positive results for the last two consecutive quarters, with significant growth in operating cash flow and profit after tax, which may contribute to investor confidence and support the recent price rise.