Why is Narendra Prop. falling/rising?

As of 04-Nov, Narendra Properties Ltd is experiencing a price increase, currently at Rs 41.59, reflecting a rise of 3.57 or 9.39%. The stock opened with a gain of 2.58% today and reached an intraday high of Rs 41.59. It has outperformed its sector by 10.18% today, and it is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. However, there is a notable decline in investor participation, with delivery volume dropping by 45.91% compared to the 5-day average. Over the past week, the stock has gained 2.84%, while it has seen a modest increase of 1.49% over the past month. Year-to-date, it has risen by 5.26%, although it is down 6.75% over the past year.
In the broader market context, while Narendra Properties Ltd has shown positive short-term performance, the benchmark Sensex has declined by 1.38% over the past week and increased by 2.77% over the past month. This indicates that the stock is performing well relative to the market, particularly in the short term. Despite the positive price movement, the significant drop in delivery volume suggests that there may be underlying concerns regarding investor confidence or participation, which could impact future performance. Overall, the stock's rise can be attributed to its strong performance metrics and positive trading indicators, despite the challenges in investor engagement.