Why is RBZ Jewellers Lt falling/rising?

As of 10-Jun, RBZ Jewellers Ltd is experiencing a price increase, currently at Rs 155.05, reflecting a rise of 7.35 or 4.98%. The stock has shown strong performance recently, outperforming its sector by 5.13% today and achieving a consecutive gain over the last two days with a total return of 10.2%. Additionally, the stock opened with a gain of 4.94% today and reached an intraday high of Rs 155.05. Over the past week, the stock has risen by 8.50%, and in the last month, it has increased by 17.46%. Positive factors contributing to this rise include a low debt-to-equity ratio of 0.48 times, strong long-term growth with net sales increasing at an annual rate of 28.10%, and a significant operating profit growth of 34.30%. However, there are concerns regarding falling participation from institutional investors, who have reduced their stake by 0.61% in the previous quarter.
In the broader market context, RBZ Jewellers Ltd's short-term performance has significantly outpaced the benchmark, with a 1-week return of 8.50% compared to the Sensex's 2.05%. This indicates that the stock is not only performing well in isolation but is also gaining traction relative to the overall market. Despite the positive short-term trends, the stock is technically in a mildly bearish range, as indicated by the bearish On-Balance Volume (OBV) since May 12, 2025. This technical factor, along with the decline in institutional investor participation, suggests that while the stock is currently rising, there may be underlying challenges that could affect its future performance.