Why is NESCO falling/rising?

As of 28-Oct, NESCO Ltd's stock price is currently at 1,394.50, reflecting an increase of 11.5 points or 0.83%. The stock has been gaining momentum, with a consecutive gain over the last two days resulting in a total return of 4.61% during this period. It is trading above its 5-day, 20-day, 100-day, and 200-day moving averages, although it remains below the 50-day moving average. Additionally, there has been a notable increase in investor participation, with delivery volume rising by 65.89% compared to the 5-day average. The stock has demonstrated strong performance over the past year, yielding a return of 55.11%, significantly outperforming the BSE500 index over the same period.
In the broader market context, NESCO's short-term performance has been slightly negative, with a 1-week return of -0.35%, while the Sensex has gained 0.24% in the same timeframe. Despite this, the stock has shown consistent returns over the last three years, with a remarkable 139.63% increase, indicating strong long-term growth. The company's low debt-to-equity ratio and the increasing stake of institutional investors, who now hold 8.87% of the company, further bolster confidence in its fundamentals. These factors contribute to a positive outlook for NESCO, despite its recent short-term underperformance compared to the benchmark.