Why is AMD Industries falling/rising?

As of 22-Sep, AMD Industries Ltd is experiencing a price increase, currently at Rs 63.86, reflecting a rise of Rs 7.04 or 12.39%. The stock has shown a notable performance today, outperforming its sector by 13.04% and reversing a trend after two consecutive days of decline. It reached an intraday high of Rs 68.18, marking a significant increase of 19.99%. Over the past week, the stock has gained 16.87%, and over the past month, it has risen by 25.56%. However, there has been a decline in investor participation, with delivery volume falling by 77.47% against the 5-day average, which may indicate a cautious sentiment among investors despite the positive price movement.
Broader Market Context: In comparison to the benchmark Sensex, which has only increased by 0.46% over the past week, AMD Industries' performance is significantly stronger. The stock's year-to-date return of 8.24% also surpasses the Sensex's 5.15% gain. This indicates that while the broader market is experiencing modest growth, AMD Industries is capitalizing on its recent momentum and attracting investor interest, despite the noted decrease in delivery volume. The stock's ability to trade above its moving averages further supports its upward trajectory in the current market environment.