Why is Corporate Merch falling/rising?

As of 23-Oct, Corporate Merchant Bankers Ltd is experiencing a price increase, with its current price at Rs. 257.95, reflecting a rise of 5.05 or 2.0%. The stock has hit a new 52-week and all-time high today, and it has outperformed its sector by 1.86%. Over the last two days, the stock has shown a consecutive gain of 4.03%, and it opened with a 2% gain today. Additionally, the stock is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating strong upward momentum. The stock's performance over the past week shows a return of 6.11%, and it has an impressive year-to-date return of 1451.11%, significantly outpacing the benchmark Sensex, which has risen by only 8.21%.
In the broader market context, Corporate Merchant Bankers Ltd's recent performance is notably strong compared to the Sensex, particularly in the short term, where it has outperformed the benchmark by a substantial margin. The stock's liquidity appears sufficient for trading, as it is based on 2% of the 5-day average traded value. However, there is no information available regarding any positive or negative factors that could further explain the stock's recent movements. Overall, the combination of hitting new highs, strong returns, and consistent trading patterns contributes to the stock's rising price.