Why is Neelkanth Rock falling/rising?

As of 24-Sep, Neelkanth Rockminerals Ltd is experiencing a price increase, currently at Rs 18.19, which reflects a rise of Rs 0.44 or 2.48%. The stock has shown strong performance recently, gaining 29.74% over the last six days and outperforming its sector by 1.12% today. It is also trading above its moving averages across various time frames, indicating positive momentum. Furthermore, the stock has delivered impressive returns over multiple periods, including a 25.45% increase over the past month and a 20.86% rise year-to-date. However, there has been a notable decline in investor participation, with delivery volume dropping by 55.18% compared to the five-day average, which could be a concern for future trading activity.
In the broader market context, Neelkanth Rockminerals Ltd's recent performance stands in stark contrast to the benchmark Sensex, which has declined by 1.18% over the past week. While the stock has shown resilience and positive returns across various time frames, the overall market sentiment appears to be weaker, as evidenced by the Sensex's modest gain of only 0.50% over the past month. This divergence suggests that Neelkanth Rockminerals Ltd is benefiting from company-specific factors that are driving its stock price higher, despite a challenging broader market environment.