Why is Betex India falling/rising?

As of 23-Oct, Betex India Ltd's stock price is rising, currently at Rs. 599.00, reflecting an increase of Rs. 46.25 or 8.37%. The stock has recently hit a new 52-week and all-time high of Rs. 620, demonstrating strong upward momentum. Over the past week, the stock has gained 15.05%, and in the last month, it has risen by 31.49%. Additionally, it has outperformed its sector by 7.1% today and has shown a remarkable 84.31% increase over the past year. The stock has been gaining for the last two days, with a total return of 15.69% during this period, indicating strong investor interest and confidence. Furthermore, the rising delivery volume, which increased by 555.58% against the 5-day average, suggests heightened investor participation.
In the broader market context, Betex India's performance significantly outpaces the benchmark Sensex, which has only increased by 1.30% over the past week and 2.99% over the past month. This stark contrast highlights the stock's strong relative strength and appeal among investors. The stock's high volatility, with an intraday volatility of 5.73%, indicates active trading and investor engagement, further contributing to its rising price. Overall, the combination of strong stock-specific factors and favorable market conditions has led to the recent upward movement in Betex India's stock price.