Why is Ace Men falling/rising?

As of 17-Nov, Ace Men Engg Works Ltd is experiencing a rise in its stock price, currently at Rs 96.00, reflecting an increase of Rs 2.97 or 3.19%. The stock has shown strong performance today, outperforming its sector by 3.55% and has been on a consecutive gain streak for the last two days, accumulating a total return of 8.35% during this period. It opened with a significant gain of 5% today and reached an intraday high of Rs 97.68. Additionally, the stock is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a positive trend. The rising investor participation is also notable, with a delivery volume increase of 58.18% compared to the 5-day average, suggesting growing interest in the stock.
In the broader market context, Ace Men’s short-term return over the past week is flat at 0.00%, while the benchmark Sensex has gained 1.69%. However, over the past month, Ace Men has outperformed the Sensex with a return of 2.96% compared to the benchmark's 1.19%. Year-to-date, the stock has increased by 8.47%, closely aligning with the Sensex's 8.72% gain. Over the longer term, Ace Men has significantly outperformed the benchmark, with a 3-year return of 172.34% compared to the Sensex's 37.57%. This strong performance relative to the market may contribute to the positive sentiment surrounding the stock.