Why is NDL Ventures falling/rising?

As of 18-Jul, NDL Ventures Ltd is experiencing a price increase, currently at Rs 71.40, which reflects a rise of Rs 2.19 or 3.16%. The stock opened with a gain of 2.43% today and reached an intraday high of Rs 71.44. Notably, the stock has outperformed its sector by 4.01% today. Additionally, there has been a significant increase in investor participation, with delivery volume rising by 274.62% compared to the 5-day average. Despite a year-to-date decline of 34.25%, the stock has shown a positive return of 5.68% over the past month, indicating some recovery.
In the broader market context, the Sensex has shown a decline of 0.90% over the past week, while NDL Ventures has decreased by 3.40% in the same period, suggesting that the stock's short-term performance has been weaker than the benchmark. However, the stock's recent upward movement contrasts with its longer-term performance, where it has underperformed the Sensex over the year and year-to-date. The stock's current price movement, along with the increased trading volume, suggests a potential shift in investor sentiment, although the absence of specific positive or negative factors limits a comprehensive analysis of the reasons behind the stock's recent rise.