Why is Palm Jewels falling/rising?

As of 05-Aug, Palm Jewels Ltd is experiencing a price increase, currently at 30.43, which reflects a change of 0.98 or 3.33% upward. The stock has shown strong performance, outperforming its sector by 2.4% today and has been on a consecutive gain for the last two days, accumulating a total return of 5.29% in that period. Additionally, the stock is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a positive trend. Notably, there has been a significant rise in investor participation, with delivery volume on 04 Aug increasing by 216.5% compared to the 5-day average. The positive dashboard factors are not available, but the overall indicators suggest a strong upward momentum for the stock.
In the broader market context, Palm Jewels has outperformed the Sensex in the short term, with a 1-week return of +5.73% compared to the benchmark's -0.77%. Over the past month, the stock has gained +15.88%, while the Sensex has declined by 3.26%. This trend highlights the stock's resilience and attractiveness to investors, especially in contrast to the broader market performance. The year-to-date return of +7.53% for Palm Jewels also surpasses the Sensex's +3.29%, further emphasizing its strong position amidst a challenging market environment.