Why is Ace Men falling/rising?

As of 29-Oct, Ace Men Engg Works Ltd is experiencing a price increase, currently at Rs 96.90, which reflects a rise of Rs 2.87 or 3.05%. The stock has shown strong performance today, opening with a gain of 4.22% and reaching an intraday high of Rs 98. It is also close to its 52-week high, being only 2.63% away from Rs 99.45. Additionally, Ace Men has outperformed its sector by 2.34% today, and it is trading above all key moving averages, indicating a positive trend. The stock has seen a significant increase in investor participation, with delivery volume rising by 115.15% compared to the 5-day average, which suggests growing interest among investors.
In the broader market context, Ace Men’s short-term return over the past week is +3.01%, significantly outperforming the Sensex, which has only increased by +0.68%. However, over the past month, the stock has declined by 1.82%, while the Sensex has risen by 5.76%. Despite this recent dip, Ace Men has shown strong year-to-date and yearly returns of +9.49% and +31.48%, respectively, indicating a solid overall performance compared to the benchmark. The liquidity of the stock is also favorable, making it accessible for trading, which may contribute to its rising price.