Why is P N Gadgil Jewe. falling/rising?

As of 08-Oct, P N Gadgil Jewellers Ltd is experiencing a price increase, currently at Rs 665.00, reflecting a rise of Rs 9.65 or 1.47%. The stock has shown a strong performance recently, gaining 10.17% over the last five days, although it has underperformed its sector by 2.58% today. It reached an intraday high of Rs 673.1, and is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. The company has demonstrated high management efficiency with a return on equity of 20.82%, a low debt to EBITDA ratio of 0.98, and healthy long-term growth in net sales and operating profit, contributing positively to investor sentiment.
In the broader market context, P N Gadgil Jewellers Ltd has outperformed the Sensex over the past week and month, with returns of 9.55% and 10.10%, respectively, compared to the Sensex's 0.98% and 1.22%. However, year-to-date, the stock has slightly underperformed the benchmark, with a decline of 0.14% against the Sensex's gain of 4.65%. The recent increase in investor participation, indicated by a significant rise in delivery volume, suggests growing interest in the stock, aligning with the positive performance of the diamond and gold jewellery sector, which has gained 4.07%.