Why is Naksh Precious falling/rising?

As of 10-Jul, Naksh Precious Metals Ltd is experiencing a price increase, currently at 6.99, which reflects a change of 0.14 or 2.04% upward. The stock has shown a performance today that outperformed its sector by 1.44%, indicating a positive shift after two consecutive days of decline. Despite this recent uptick, the stock's year-to-date performance remains significantly negative at -37.03%, and it has underperformed the benchmark Sensex over the past year and three years. Additionally, the stock's delivery volume has decreased by 61.77% compared to the five-day average, suggesting a decline in investor participation, which could be a concern for future price stability.
In the broader market context, Naksh Precious Metals Ltd has outperformed the Sensex in the short term, with a 1-week return of +6.23% compared to the benchmark's slight decline of -0.06%. This indicates that while the stock is currently rising, it has faced significant challenges over longer periods, as evidenced by its negative returns over the past year and three years. The stock's moving averages indicate that it is performing better than its 5-day and 20-day averages but remains below its longer-term averages, which may reflect ongoing volatility and uncertainty in investor sentiment.