Why is New India Assura falling/rising?

As of 18-Sep, New India Assurance Company Ltd is experiencing a price increase, with its current price at Rs 196.10, reflecting a rise of Rs 3.2 or 1.66%. The stock has shown a positive trend today, outperforming its sector by 1.33% and reversing a two-day decline. It reached an intraday high of Rs 198.45, indicating strong intraday performance. Additionally, the stock is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, suggesting a bullish trend. However, there has been a slight decline in investor participation, with delivery volume falling by 0.46% compared to the 5-day average, which may indicate some caution among investors.
In the broader market context, the stock's performance over the past week shows a return of +1.84%, slightly outperforming the Sensex, which gained +1.80%. However, over the longer term, the stock has underperformed the benchmark, with a year-to-date return of -2.44% compared to the Sensex's +6.24%. This contrast highlights the stock's recent recovery against a backdrop of overall market strength, although its longer-term performance remains weak relative to the benchmark.