Why is Beezaasan Exp. falling/rising?

As of 09-Oct, Beezaasan Explotech Ltd's stock price is rising, currently at Rs 241.80, reflecting an increase of Rs 20.0 or 9.02%. The stock has shown strong performance today, outperforming its sector by 8.7% and opening with a gain of 4.19%. It reached an intraday high of Rs 244, which is a 10.01% increase. In terms of returns, the stock has risen by 10.21% over the past week and 13.79% over the past month, significantly outpacing the Sensex, which has only increased by 1.47% and 1.32% in the same periods, respectively. However, there has been a decline in investor participation, with delivery volume falling by 4.04% against the 5-day average, which could indicate a potential concern for sustained momentum.
Broader Market Context: The broader market, as represented by the Sensex, has shown modest gains of 5.16% year-to-date and 0.87% over the past year, which suggests a relatively stable market environment. In contrast, Beezaasan Explotech Ltd's recent performance indicates a strong upward trend, particularly in the short term, where it has significantly outperformed the benchmark. The stock is also trading above its moving averages across various time frames, indicating bullish sentiment among investors. Despite the drop in delivery volume, the stock's liquidity remains adequate for trading, suggesting that the recent price increase is supported by sufficient market activity.