Why is Betex India falling/rising?

As of 13-Oct, Betex India Ltd's stock price is rising, currently at Rs. 514.90, reflecting an increase of Rs. 32.05 or 6.64%. The stock has recently hit a new 52-week and all-time high of Rs. 576, showcasing a significant intraday performance with a high of 19.29%. Over the past week, the stock has outperformed the sector by 7.02%, and its returns over various periods indicate strong performance, with a 1-year return of 35.86% and an impressive 3-year return of 592.07%. However, there has been a slight decline in investor participation, with delivery volume decreasing by 5.57% against the 5-day average, which may indicate some caution among investors despite the overall positive momentum.
In the broader market context, Betex India's short-term performance has significantly outpaced the benchmark Sensex, which has only increased by 0.66% over the past week. This stark contrast highlights the stock's strong appeal relative to the market. The stock's high volatility, with an intraday volatility of 9.09%, suggests that while there is excitement around the stock, it may also be subject to rapid price changes. Overall, the combination of strong returns, recent highs, and outperformance against the sector contributes to the stock's rising price, despite the noted decrease in delivery volume.