Why is Alan Scott Ente. falling/rising?

As of 05-Aug, Alan Scott Enterprises Ltd is experiencing a price increase, currently at Rs. 199.20, reflecting a rise of Rs. 5.45 or 2.81%. The stock has recently hit a new 52-week high of Rs. 203.4 and has shown strong performance, gaining 29.9% over the last seven days. Additionally, the stock has outperformed its sector by 3.13% today. The stock's performance over various periods has been impressive, with a 1-month return of 86.78% and a staggering 1-year return of 308.72%. The recent increase in delivery volume by 59.89% against the 5-day average indicates rising investor participation, contributing positively to the stock's upward momentum. There is no information available regarding any negative factors impacting the stock.
In the broader market context, Alan Scott Enterprises Ltd has significantly outperformed the Sensex, which has declined by 0.77% over the past week while the stock itself has surged by 20.73%. This stark contrast highlights the strength of Alan Scott Enterprises Ltd in a generally weak market environment. The stock's consistent performance above its moving averages further underscores its bullish trend, while the liquidity of the stock remains adequate for trading, suggesting that investor confidence is robust despite broader market challenges.