Why is Candour Techtex falling/rising?

As of 23-Oct, Candour Techtex Ltd is experiencing a price increase, with the current price at Rs. 154.05, reflecting a rise of Rs. 7.3 or 4.97%. The stock has recently hit a new 52-week and all-time high of Rs. 154.08 today. It has outperformed its sector by 4.04% and has shown consecutive gains over the last three days, accumulating a total return of 15.72% during this period. Additionally, the stock is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. However, there has been a decline in investor participation, with delivery volume falling by 30.1% against the 5-day average, which may indicate some caution among investors.
Broader market context shows that Candour Techtex has significantly outperformed the benchmark Sensex, with a 1-week return of 14.19% compared to the Sensex's 1.30%, and a 1-month return of 64.11% versus the Sensex's 2.99%. This strong performance highlights the stock's robust momentum relative to the broader market. Despite the drop in delivery volume, the overall liquidity remains adequate for trading, suggesting that while investor participation may be waning, the stock's upward trajectory is supported by strong performance metrics and market sentiment.