Why is Safari Inds. falling/rising?

As of 11-Nov, Safari Industries (India) Ltd is experiencing a price increase, currently at Rs 2,199.50, reflecting a rise of Rs 59.5 or 2.78%. The stock has shown strong performance today, outperforming its sector by 2.99% and achieving a consecutive gain over the last two days with a total return of 7.27%. It reached an intraday high of Rs 2,202.7, while the intraday low was Rs 2,084.25. Additionally, the stock is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. The recent increase in delivery volume, which rose by 334.82% against the 5-day average, indicates rising investor participation. The company is characterized by low debt and strong long-term fundamentals, with net sales growing at an annual rate of 29.80% and an operating profit growth of 81.43%, contributing positively to the stock's recent upward movement.
In the broader market context, Safari Industries has outperformed the Sensex over the past week, with a return of +4.28% compared to the benchmark's +0.49%. However, over the past month, the stock has underperformed with a return of -1.54% against the Sensex's +1.66%. Despite a year-to-date decline of -15.00%, the stock's strong performance over the last three years (+135.61%) and five years (+860.59%) suggests a robust long-term growth trajectory. This combination of recent positive momentum and solid long-term fundamentals may be driving investor confidence and contributing to the stock's rise.