Why is NRB Bearings falling/rising?

As of 07-Aug, NRB Bearings Ltd is experiencing a price increase, currently at Rs 283.00, which represents a rise of 7.0 or 2.54%. The stock has shown a trend reversal, gaining after two consecutive days of decline. Today, it outperformed its sector by 4.61% and reached an intraday high of Rs 286.5. However, the stock's performance over the past week and month has been negative, with declines of 1.05% and 0.54%, respectively. Year-to-date, the stock has a slight gain of 0.55%, but it has fallen by 10.44% over the past year. The stock is trading above its 100-day and 200-day moving averages but below its shorter-term moving averages, indicating mixed momentum. There is a noted decrease in investor participation, with delivery volume falling by 10.21% against the 5-day average, which may suggest a lack of strong buying interest.
In the broader market context, the Sensex has also shown a decline of 0.69% over the past week and 3.38% over the past month, indicating that the market is generally underperforming. Despite this, NRB Bearings has managed to outperform its sector today, which may reflect specific positive sentiment or developments related to the company. The stock's long-term performance remains strong, with a 102.65% increase over the past three years and a remarkable 258.91% increase over the past five years, suggesting that while short-term fluctuations are present, the overall trajectory has been positive.