Why is Agarwal Toughene falling/rising?

As of 24-Sep, Agarwal Toughened Glass India Ltd is experiencing a price increase, currently at Rs. 167.25, which reflects a rise of Rs. 8.95 or 5.65%. The stock has recently hit a new 52-week and all-time high of Rs. 174.05 today. It has outperformed its sector by 1.94% and is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. In terms of returns, the stock has shown a significant increase of 19.46% over the past week and 13.58% over the past month, while year-to-date returns stand at 24.21%. However, there has been a decline in investor participation, with delivery volume dropping by 11.38% against the 5-day average, indicating a potential concern for future trading activity.
Broader Market Context: In comparison to the benchmark Sensex, which has decreased by 1.08% over the past week, Agarwal Toughened Glass has significantly outperformed the market. The Sensex has only gained 0.75% over the past month, while Agarwal Toughened Glass has achieved a much higher return. This strong performance relative to the benchmark suggests that investor sentiment towards Agarwal Toughened Glass remains positive, despite the noted decline in delivery volume. Overall, the stock's recent rise can be attributed to its strong performance metrics and positive market sentiment, even as broader market conditions show some weakness.