Why is BGR Energy Sys. falling/rising?

As of 17-Oct, BGR Energy Systems Ltd is experiencing a price increase, with its current price at Rs. 403.35, reflecting a rise of Rs. 19.2 or 5.0%. The stock has reached a new 52-week high today and has outperformed its sector by 5.37%. It has been on a consecutive gain streak for the last two days, accumulating a total return of 10.24% in this period. Additionally, the stock is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating strong upward momentum. However, it is noteworthy that investor participation has declined, with delivery volume falling by 64.96% against the 5-day average, which could suggest a potential concern regarding sustained interest in the stock.
Broader market context shows that BGR Energy Systems has significantly outperformed the benchmark Sensex over various periods, including a remarkable year-to-date return of 296.45% compared to the Sensex's 7.44%. In the past week, the stock has surged by 20.04%, while the Sensex has only increased by 1.76%. This substantial outperformance indicates strong investor confidence in BGR Energy Systems relative to the broader market. Despite the drop in delivery volume, the stock's liquidity remains adequate for trading, suggesting that while there may be some caution among investors, the overall market sentiment towards BGR Energy Systems remains positive.