Why is Ace Men falling/rising?

As of 16-Sep, Ace Men Engg Works Ltd is experiencing a price increase, with its current price at Rs 95.64, reflecting a rise of Rs 1.64 or 1.74%. The stock has been gaining momentum, having outperformed its sector by 1.63% today, and it has seen consecutive gains over the last four days, accumulating a total return of 7.7% during this period. Additionally, the stock reached a new 52-week and all-time high of Rs 95.9 today. It is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating strong upward momentum. Furthermore, there has been a notable increase in investor participation, with delivery volume rising by 44.61% compared to the 5-day average, suggesting heightened interest in the stock.
In the broader market context, Ace Men has demonstrated impressive returns compared to the benchmark Sensex. Over the past week, the stock has increased by 3.12%, while the Sensex has risen by 1.58%. Over the past month, Ace Men has surged by 50.64%, significantly outperforming the Sensex's 2.21% increase. Year-to-date, the stock has gained 8.07%, compared to the Sensex's 5.43%. This consistent outperformance over various time frames highlights the stock's strong position in the market, contributing to its rising price.