Why is Bhagwati Auto falling/rising?

As of 17-Nov, Bhagwati Autocast Ltd's stock price is currently at 600.00, reflecting an increase of 55.5, or 10.19%. The stock has recently hit a new 52-week high of Rs. 636, demonstrating strong performance today with an outperformance against its sector by 10.56%. Over the last four days, the stock has gained 24.74%, and it opened with a significant gap up of 7.44%. It has also shown high volatility with an intraday volatility of 7.66%, while trading above its moving averages across various time frames. Furthermore, there has been a notable increase in investor participation, with delivery volume rising by 125.03% compared to the five-day average, indicating strong demand for the stock.
In the broader market context, Bhagwati Autocast Ltd has significantly outperformed the Sensex, with a one-week return of 24.33% compared to the benchmark's 1.69%. This trend of outperformance is consistent over longer periods, with the stock showing a year-to-date return of 31.87% against the Sensex's 8.72%. The strong performance and rising investor interest suggest a positive sentiment surrounding the stock, contributing to its upward price movement. There are no specific positive or negative factors available that could further clarify the reasons behind the stock's recent performance.