Why is Avax Apparels falling/rising?

As of 16-Sep, Avax Apparels and Ornaments Ltd is experiencing a price increase, currently at Rs 126.00, reflecting a rise of 5.0 or 4.13%. The stock has shown strong performance today, outperforming its sector by 4.38% and opening with a gain of 4.13%. It reached an intraday high of Rs 126 and has maintained this price throughout the trading session. Additionally, the stock has demonstrated impressive short-term returns, with a 19.71% increase over the past week and a 7.83% rise over the past month. Notably, there has been a significant increase in investor participation, with delivery volume rising by 400% against the 5-day average, indicating heightened interest in the stock. There is no information available regarding positive or negative factors that could influence the stock's movement.
Broader Market Context: In comparison to the benchmark Sensex, which has risen by 1.58% over the past week and 2.21% over the past month, Avax Apparels has significantly outperformed, highlighting its strong relative strength in the market. The stock's performance is further supported by its trading above several moving averages, although it remains below the 50-day moving average. This suggests that while the stock is currently in a favorable position, it may still face challenges in maintaining momentum against longer-term trends.