Why is Charter. Capital falling/rising?

As of 06-Oct, Chartered Capital & Investment Ltd is experiencing a price increase, currently at 323.95, reflecting a rise of 16.4 points or 5.33%. The stock has shown strong performance today, outperforming its sector by 4.12%, and has been on a consecutive gain streak for the last six days, accumulating a total return of 27.39% during this period. Despite opening with a loss of 2.45%, the stock reached an intraday high of Rs 330, indicating significant volatility with a wide trading range of Rs 52. Additionally, it is trading above all key moving averages, and there has been a notable increase in investor participation, with delivery volume rising by 127.12% against the five-day average.
In the broader market context, the stock's one-week return of 16.76% significantly outpaces the Sensex's return of 1.77%, showcasing its strong relative performance. Over the past month, Chartered Capital has achieved a return of 29.58%, again surpassing the Sensex's 1.34%. This trend indicates that the stock is not only gaining traction among investors but also benefiting from favorable market conditions, as evidenced by its substantial year-to-date return of 16.93% compared to the Sensex's 4.67%. Overall, the combination of strong stock-specific factors and favorable comparisons to the benchmark suggests a robust upward momentum for Chartered Capital & Investment Ltd.