Why is Apex Ecotech falling/rising?

As of 28-Aug, Apex Ecotech Ltd is experiencing a price increase, with its current price at 127.40, reflecting a change of 1.0 or 0.79% upward. The stock has shown strong performance recently, with a notable 11.75% increase over the past week and a 7.15% rise over the past month, significantly outperforming the Sensex, which has declined by 2.32% and 0.73% in the same periods, respectively. Additionally, the stock is trading above its moving averages across various time frames, indicating a positive trend. The recent surge in investor participation, highlighted by a 303.23% increase in delivery volume on August 26, further supports the stock's upward movement. Unfortunately, there is no information available regarding positive or negative factors that could influence the stock's performance.
In the broader market context, Apex Ecotech's short-term performance stands in stark contrast to the benchmark, as it has outperformed the Sensex significantly over the past week and month. While the Sensex has shown a slight decline, Apex Ecotech's robust returns suggest strong investor confidence and market interest in the company, which may be driven by favorable trading conditions and liquidity, as indicated by its sufficient trading volume. Overall, the stock's positive trajectory appears to be supported by strong investor engagement and favorable technical indicators, despite the broader market's challenges.