Why is Bhatia Colour falling/rising?

As of 16-Sep, Bhatia Colour Chem Ltd is experiencing a price increase, currently trading at Rs. 366.80, which reflects a rise of 16.0 points or 4.56%. The stock has hit a new 52-week and all-time high today, outperforming its sector by 4.06%. It has shown consistent gains over the last five days, with a total return of 16.3% during this period. Additionally, Bhatia Colour is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a strong upward trend. The delivery volume has also increased by 28.64% compared to the 5-day average, suggesting rising investor participation. There is no information available regarding positive or negative factors that could influence the stock's movement.
Broader market context indicates that Bhatia Colour Chem Ltd has significantly outperformed the benchmark Sensex over various periods. In the past week, the stock has gained 16.30%, while the Sensex has only increased by 1.58%. Year-to-date, Bhatia Colour has risen by 51.70%, compared to the Sensex's 5.43% gain. Over the past year, the stock has shown an impressive return of 404.12%, while the Sensex has declined by 0.73%. This stark contrast in performance highlights the stock's strong momentum relative to the broader market, contributing to its rising price.