Why is Concord Control falling/rising?

As of 04-Sep, Concord Control Systems Ltd is experiencing a significant rise in its stock price, currently at Rs. 2,282.00, reflecting an increase of Rs. 253.05 or 12.47%. The stock has recently hit a new 52-week and all-time high of Rs. 2,300, showcasing strong performance today with a 13.36% intraday gain. Over the past four days, the stock has consistently gained, resulting in a total return of 17.15%. Additionally, it has outperformed its sector by 13.59% today. The stock is trading above its moving averages, indicating a bullish trend, and there has been a notable increase in investor participation, with delivery volume rising by 39.24% compared to the five-day average. However, the positive and negative factors dashboard is unavailable for further insights.
Broader market context shows that Concord Control has outperformed the benchmark Sensex significantly over various periods. In the last week, the stock has gained 14.10% while the Sensex has only increased by 0.80%. Over the past month, Concord Control's return of 33.26% contrasts with a slight decline of 0.37% in the benchmark. Year-to-date, the stock has risen by 37.47%, compared to the Sensex's 3.30% increase. This strong performance relative to the broader market indicates robust investor confidence and demand for Concord Control shares, contributing to its rising stock price.