Why is Vaarad Ventures falling/rising?

As of 04-Nov, Vaarad Ventures Ltd is experiencing a price increase, currently at 11.35, which reflects a rise of 0.55 or 5.09%. The stock has shown strong performance recently, gaining 15.93% over the last four days and outperforming its sector by 5.38% today. In terms of returns, the stock has increased by 14.99% over the past week and 23.24% over the past month, although it has seen a decline of 16.24% year-to-date and 17.63% over the past year. Notably, the stock is currently trading above its 5-day, 20-day, and 50-day moving averages, although it remains below its 100-day and 200-day moving averages. There is a concern regarding falling investor participation, as the delivery volume has decreased by 32.64% compared to the 5-day average, which may impact future price movements.
In the broader market context, Vaarad Ventures has significantly outperformed the benchmark Sensex in the short term, with a 14.99% gain over the past week compared to a decline of 1.38% for the index. While the stock has shown positive momentum recently, its year-to-date and one-year performance remains negative when compared to the Sensex, which has gained 6.81% and 5.94% respectively in those periods. This contrast highlights the stock's volatility and the potential for recovery, despite its longer-term underperformance relative to the broader market.