Why is BDH Industries falling/rising?

As of 01-October, BDH Industries Ltd is experiencing a significant rise in its stock price, currently at 503.35, reflecting an increase of 48.9 or 10.76%. The stock has shown strong performance today, hitting a new 52-week and all-time high of Rs. 509.9, with an intraday gain of 12.2%. It has outperformed its sector by 9.4% and opened with a gain of 2.3%. Over the past week, the stock has risen by 11.61%, and it has delivered an impressive 60.81% return over the last month. Additionally, BDH Industries has consistently outperformed the BSE500 index over various time frames, including a 49.54% return in the last year and a remarkable 223.49% over three years. The company maintains a low debt-to-equity ratio, which contributes positively to its financial stability and attractiveness to investors.
In the broader market context, while BDH Industries has been rising, the benchmark Sensex has seen a decline of 0.90% over the past week. This contrast highlights the stock's strong performance relative to the market, suggesting that investor sentiment towards BDH Industries is particularly positive. The rising investor participation, indicated by an 87.08% increase in delivery volume, further supports the stock's upward movement. The liquidity of the stock is also favorable, allowing for substantial trading activity. Overall, the combination of strong historical performance, positive investor sentiment, and favorable trading conditions has contributed to the stock's rise.