Why is Monte Carlo Fas. falling/rising?

As of 12-Nov, Monte Carlo Fashions Ltd is experiencing a price increase, with its current price at Rs 767.00, reflecting a rise of Rs 71.6 or 10.3%. The stock has shown strong performance today, outperforming its sector by 9.48% and reaching an intraday high of Rs 781.3, which is a 12.35% increase. Over the past week, the stock has gained 5.87%, and over the past month, it has risen by 14.15%. However, it is important to note that the stock is down 4.70% year-to-date and 4.89% over the past year. The stock is currently trading above all major moving averages, indicating a positive trend, but there has been a decline in investor participation, with delivery volume falling by 18.1% compared to the 5-day average. The stock also offers a high dividend yield of 3%, which may attract investors.
In the broader market context, Monte Carlo Fashions Ltd's short-term performance has significantly outpaced the benchmark Sensex, which has only increased by 1.21% over the past week and 2.38% over the past month. This strong relative performance suggests that the stock is gaining traction among investors despite its longer-term underperformance compared to the benchmark, which is up 8.10% year-to-date and 7.36% over the past year. The liquidity of the stock remains adequate for trading, as it is based on 2% of the 5-day average traded value, indicating that it can accommodate trades of Rs 0.04 crore without significant issues.