Why is Tavernier Res. falling/rising?

As of 07-Nov, Tavernier Resources Ltd is experiencing a price increase, currently at Rs 53.50, which reflects a rise of Rs 2.15 or 4.19%. The stock has shown strong performance today, outperforming its sector by 4.65% and achieving a consecutive gain over the last two days with a total return of 7.56%. It opened with a gap up of 3.41% and reached an intraday high of Rs 53.9. Additionally, the stock has performed well over the past week and month, with returns of 4.33% and 8.59%, respectively. However, there is a notable decline in investor participation, as the delivery volume has dropped significantly by 98.38% compared to the five-day average, which may indicate a potential concern for future trading activity.
In the broader market context, Tavernier Resources Ltd has outperformed the Sensex, which has seen a decline of 0.86% over the past week. This contrast highlights the stock's strong short-term performance relative to the benchmark. While the stock's moving averages indicate it is performing better than the 5-day, 20-day, and 50-day averages, it remains below the 100-day and 200-day averages, suggesting mixed long-term momentum. Overall, the stock's recent rise can be attributed to its strong short-term gains and sector outperformance, despite the concerning drop in investor participation.