Why is Niraj Cement falling/rising?

As of 14-Nov, Niraj Cement Structurals Ltd's stock price is rising, currently at 33.10, reflecting an increase of 0.86 or 2.67%. The stock has shown strong performance recently, with a 16.47% increase over the past week, outperforming the Sensex, which rose by only 1.62%. However, despite this short-term gain, the stock has faced significant declines over the year, down 42.18%, and a year-to-date drop of 53.93%. Today's price summary indicates that the stock has outperformed its sector by 2.7%, although there is a concerning trend of falling investor participation, with delivery volume decreasing by 41.95% compared to the five-day average. Additionally, while the stock is trading above its 5-day and 20-day moving averages, it remains below its longer-term moving averages, suggesting mixed signals about its momentum.
In the broader market context, Niraj Cement's recent performance contrasts sharply with the benchmark, as it has significantly outperformed the Sensex in the short term but lags behind in longer-term returns. The Sensex has gained 8.22% year-to-date, while Niraj Cement's substantial decline indicates a challenging environment for the company. The liquidity of the stock remains adequate for trading, as it accounts for 2% of the five-day average traded value, which may provide some support for its price movement. Overall, while the stock is experiencing a short-term rise, the long-term trends and declining investor interest present challenges that could affect its future performance.