Why is Shubhlaxmi Jewel falling/rising?

As of 19-Nov, Shubhlaxmi Jewel Art Ltd is experiencing a price increase, with its current price at 19.60, reflecting a rise of 0.9 or 4.81%. The stock has shown strong performance recently, with a 22.88% increase over the past week and a 25.24% increase over the past month, significantly outperforming the Sensex, which has only risen by 0.68% and 1.33% during the same periods. Additionally, the stock is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a positive trend. However, there has been a notable decline in investor participation, with delivery volume falling by 39.02% against the 5-day average, which may raise concerns about the sustainability of this upward movement.
Broader Market Context: In the short term, Shubhlaxmi Jewel's performance has significantly outpaced the benchmark Sensex, highlighting a strong relative strength in the stock. While the stock has had a remarkable short-term return, it is important to note that its year-to-date performance remains negative at -43.84%, contrasting sharply with the Sensex's positive return of 10.18%. This disparity suggests that while the stock is currently gaining traction, it has faced substantial challenges over a longer timeframe, which could influence investor sentiment moving forward.