Why is Narbada Gems falling/rising?

As of 10-Nov, Narbada Gems & Jewellery Ltd is experiencing a price increase, currently at Rs 73.00, which reflects a rise of 3.94 or 5.71%. The stock has shown strong performance today, outperforming its sector by 5.05% and has gained consecutively over the last two days, with a total return of 5.92% during this period. It opened with a gain of 2.03% and reached an intraday high of Rs 73, while the stock is trading above all key moving averages. However, there has been a decline in investor participation, with delivery volume falling by 5.69% against the 5-day average, indicating a potential concern for sustained momentum.
In the broader market context, Narbada Gems has outperformed the benchmark Sensex in the short term, with a 1-week return of +4.69% compared to the Sensex's -0.53%. Year-to-date, the stock has also shown a significant gain of 13.50%, while the Sensex has only increased by 6.91%. This strong relative performance suggests that Narbada Gems is gaining investor interest despite the broader market's challenges, which may be contributing to its rising stock price.