Why is Nidhi Granites falling/rising?

As of 22-Jul, Nidhi Granites Ltd is experiencing a price increase, currently at Rs 208.25, reflecting a rise of 9.75 or 4.91%. The stock has shown strong performance recently, gaining 15.6% over the past week and 17.52% over the past month, significantly outperforming the Sensex, which has seen a decline of 0.47% and 0.27% respectively during the same periods. Additionally, the stock has been on a consecutive gain streak for the last five days, and it is trading above all key moving averages, indicating positive momentum. However, there is a noted decline in investor participation, with delivery volume dropping by 67.15% against the five-day average, which could be a concern for future trading activity. The company benefits from high management efficiency, a low debt-to-equity ratio, and consistent returns over the past three years, contributing to its recent upward movement.
In the broader market context, Nidhi Granites has outperformed the benchmark Sensex in the short term, with a 15.6% return over the past week compared to the Sensex's decline. While the stock has had a strong performance in the short term and over the past year, it is important to note that it is down 7.49% year-to-date, contrasting with the Sensex's gain of 5.18%. This divergence highlights the stock's volatility and potential for recovery, particularly given its impressive long-term returns of 567.47% over three years and 1771.91% over five years, suggesting a strong underlying business despite recent fluctuations.