Why is Varvee Global falling/rising?

As of 04-Nov, Varvee Global Ltd is experiencing a price increase, currently at 135.60, with a change of 2.4, representing a 1.8% rise. The stock has been on an upward trend, gaining for the last four days and achieving a total return of 17.76% during this period. It outperformed its sector by 2.88% today, reaching an intraday high of Rs 138.45, although it also saw a low of Rs 130.1. The stock's performance over the past week shows a significant increase of 12.25%, while its year-to-date return stands at 18.77%, and it has risen an impressive 146.01% over the past year. Notably, there has been a substantial increase in investor participation, with delivery volume rising by 343.73% against the 5-day average, indicating strong interest in the stock.
In the broader market context, while Varvee Global has shown robust short-term performance, the benchmark Sensex has declined by 1.38% over the past week. This contrast highlights the stock's resilience and strength compared to the overall market. Despite a negative return of 17.49% over the past month, Varvee Global's long-term performance remains strong, with a staggering 431.76% increase over three years and a 1172.05% increase over five years. The stock's liquidity is also favorable, allowing for trades of a size that reflects its active market presence.