Why is North Eastn.Car. falling/rising?

As of 23-Oct, North Eastern Carrying Corporation Ltd's stock price is currently at Rs 21.70, reflecting an increase of Rs 1.29 or 6.32%. The stock has shown strong performance today, having outperformed its sector by 6.66% and gaining 10.1% over the last two days. Despite opening with a loss of 2.01%, the stock reached an intraday high of Rs 23.98, indicating significant volatility with a wide trading range of Rs 3.98. The stock's recent returns show a 7.75% increase over the past week and a 4.33% increase over the past month, although it remains down 38.89% year-to-date. There is no information available regarding positive or negative factors impacting the stock.
Broader market context indicates that while North Eastern Carrying Corporation Ltd has outperformed the Sensex by a considerable margin in the short term, the benchmark index has only increased by 1.30% over the past week and 2.99% over the past month. This suggests that the stock's recent rise is not only a reflection of its own performance but also highlights a stronger recovery compared to the broader market. However, the stock's year-to-date performance remains significantly lower than the Sensex's 8.21% increase, indicating challenges in the longer term despite recent gains.