Why is N R Agarwal Inds falling/rising?

As of 04-Nov, N R Agarwal Industries Ltd is experiencing a price increase, with the current price at Rs 470.00, reflecting a rise of Rs 13.95 or 3.06%. The stock has shown strong performance today, outperforming its sector by 4.2% and achieving a consecutive gain over the last three days, resulting in a total return of 7.02% during this period. Additionally, the stock has reached an intraday high of Rs 478.1, and it is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. The rising investor participation is evident, with a delivery volume increase of 31.86% compared to the 5-day average, indicating heightened interest in the stock.
In the broader market context, N R Agarwal Industries Ltd has outperformed the Sensex over the past week, with a return of +4.04% compared to the benchmark's decline of -1.38%. Over the past month, the stock has also shown a significant gain of +10.55%, while the Sensex has only increased by +2.77%. Year-to-date, the stock's performance is notably strong at +35.45%, significantly surpassing the Sensex's +6.81%. This positive trend suggests that investor confidence in N R Agarwal Industries Ltd is robust, contributing to its rising stock price amidst a generally weaker market performance.