Why is Bhatia Colour falling/rising?

As of 17-Sep, Bhatia Colour Chem Ltd's stock price is rising, currently at Rs. 380.00, reflecting an increase of Rs. 13.2 or 3.6%. The stock has reached a new 52-week and all-time high today, and it has been on a consecutive gain streak for the last six days, accumulating a total return of 20.48% during this period. Additionally, the stock has outperformed its sector by 2.61% today and is trading above all key moving averages, indicating strong upward momentum. The delivery volume has also seen a significant increase, rising by 129.41% against the 5-day average, which suggests heightened investor interest and participation.
In the broader market context, Bhatia Colour Chem Ltd has demonstrated impressive returns compared to the benchmark Sensex. Over the past week, the stock has gained 19.87%, while the Sensex has only increased by 1.56%. Year-to-date, the stock has risen by 57.15%, significantly outperforming the Sensex's 5.83% gain. This strong performance over various time frames, including a remarkable 374.82% increase over the past year, highlights the stock's robust growth relative to the broader market, contributing to its rising price.