Why is Alkosign falling/rising?

As of 05-Sep, Alkosign Ltd's stock price is currently at 77.80, reflecting an increase of 2.39, or 3.17%. The stock has shown strong performance today, outperforming its sector by 2.03%. It reached an intraday high of Rs 77.8, while the day's low was Rs 73.4, indicating some volatility. The stock is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, which suggests a positive trend. Additionally, there has been a notable increase in investor participation, with delivery volume rising by 50% compared to the 5-day average. However, there is no information available regarding positive or negative factors that could further explain the stock's recent movement.
In the broader market context, Alkosign's stock has outperformed the Sensex over the past week, with a return of +8.06% compared to the benchmark's +1.13%. Year-to-date, Alkosign has also shown a positive return of +5.72%, while the Sensex has returned +3.29%. This indicates that the stock is performing well relative to the market, contributing to its rising price. Overall, the combination of strong short-term performance, increased investor interest, and favorable comparisons to the benchmark suggests a positive outlook for Alkosign's stock.