Why is Alan Scott Ente. falling/rising?

As of 06-Oct, Alan Scott Enterprises Ltd is experiencing a price increase, with the current price at Rs. 300.55, reflecting a rise of Rs. 14.3 or 5.0%. The stock has reached a new 52-week high today and has shown strong performance, gaining 29.32% over the last seven days. It has consistently outperformed its sector by 5.03% today, and it is trading above all key moving averages, indicating a strong upward trend. Additionally, investor participation has increased significantly, with delivery volume rising by 147.6% compared to the five-day average, contributing positively to the stock's momentum. There are no negative factors reported that could impact the stock's recent movement.
In the broader market context, Alan Scott Enterprises Ltd has significantly outperformed the Sensex, with a one-week return of +18.44% compared to the benchmark's +1.77%. Over the past month, the stock has achieved a return of +30.67%, while the Sensex has only increased by +1.34%. Year-to-date, the stock's performance stands at +67.76%, far exceeding the Sensex's +4.67%. This substantial outperformance indicates strong investor confidence and market interest in Alan Scott Enterprises Ltd, contributing to its rising stock price.