Why is N R Agarwal Inds falling/rising?

As of 12-Nov, N R Agarwal Industries Ltd is experiencing a price increase, currently at Rs. 486.20, which reflects a rise of Rs. 22.7 or 4.9%. The stock has recently hit a new 52-week high of Rs. 504.9 and has outperformed its sector by 4.99%. It has been on a gaining streak for the last three days, accumulating a total return of 8.88% during this period. Additionally, the stock is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a strong upward trend. The delivery volume has also surged by 177.36% compared to the 5-day average, suggesting increased investor interest, although there is no specific information available regarding positive or negative factors impacting the stock.
Broader market context shows that N R Agarwal Industries Ltd has outperformed the benchmark Sensex over various time frames. In the past week, the stock has gained 3.10% compared to the Sensex's 1.21%, and over the last month, it has risen by 9.27% against the Sensex's 2.38%. Year-to-date, the stock has achieved a remarkable return of 40.12%, significantly higher than the Sensex's 8.10%. This consistent outperformance indicates strong investor confidence and market support for N R Agarwal Industries Ltd, contributing to its rising stock price.