Why is Classic Leasing falling/rising?

As of 12-Nov, Classic Leasing & Finance Ltd's stock price is currently at Rs 41.80, reflecting an increase of Rs 1.8, or 4.5%. The stock has shown strong performance today, outperforming its sector by 3.81% and has been on a consecutive gain streak for the last five days, accumulating a remarkable 24.4% return during this period. It opened with a 5% gain today and reached an intraday high of Rs 42. Additionally, the stock is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bullish trend. Notably, there has been a significant rise in investor participation, with delivery volume increasing by 1789.56% compared to the 5-day average, suggesting heightened interest and confidence in the stock.
In the broader market context, Classic Leasing's performance over the past week has been exceptional, with a 24.4% increase compared to the Sensex's modest gain of 1.21%. Over the past month, the stock has risen by 32.49%, significantly outpacing the Sensex's 2.38% increase. Year-to-date, Classic Leasing has achieved a 50.58% return, while the Sensex has only increased by 8.10%. This stark contrast highlights the stock's strong momentum relative to the broader market, reinforcing the positive sentiment among investors.