Why is Amit Securities falling/rising?

As of 10-Oct, Amit Securities Ltd is experiencing a price increase, currently at Rs. 45.99, which reflects a change of 1.04 or 2.31% upward. The stock has been on a positive trajectory, gaining 20.74% over the past week and 15.06% over the last month. Today, it reached a new 52-week and all-time high of Rs. 47, outperforming its sector by 2.7%. Despite a wide trading range of Rs. 4.29 and a significant drop in delivery volume by 53.08% against the 5-day average, the stock has maintained its position above all key moving averages, indicating strong momentum.
Broader Market Context: In comparison to the benchmark Sensex, which has risen by 1.59% over the past week and 1.32% over the past month, Amit Securities' performance is notably stronger. The stock's substantial gains in the short term highlight its robust performance relative to the market, suggesting investor confidence despite the recent decline in participation. The liquidity of the stock remains adequate for trading, further supporting its upward movement in the current market environment.