Why is Naapbooks falling/rising?

As of 08-Sep, Naapbooks Ltd's stock price is currently at 148.00, reflecting an increase of 8.1, or 5.79%. Today's price summary indicates that the stock has outperformed its sector by 6.64%. Despite opening with a significant loss of 19.98%, it reached an intraday high of Rs 150, showcasing high volatility with an intraday fluctuation of 14.52%. The stock has shown strong performance over the past week, with a return of 19.31%, and a remarkable 127.69% increase over the past year. Additionally, Naapbooks is trading above all its moving averages, indicating a positive trend. There is also a notable rise in investor participation, with delivery volume increasing by 36.36% compared to the five-day average, suggesting growing interest in the stock.
In the broader market context, Naapbooks has significantly outperformed the Sensex over the past week and month, with returns of 19.31% and 12.98%, respectively, compared to the Sensex's 0.53% and 1.16%. However, year-to-date, Naapbooks has underperformed the benchmark, with a decline of 1.33% against the Sensex's gain of 3.39%. This mixed performance indicates that while the stock is currently experiencing a rise, it has faced challenges earlier in the year. The erratic trading pattern, with the stock not trading on four days out of the last twenty, may contribute to its volatility and investor sentiment. Overall, the recent upward movement can be attributed to strong short-term performance and increased investor engagement, despite some underlying volatility and past underperformance.