Why is Corporate Merch falling/rising?

As of 07-Nov, Corporate Merchant Bankers Ltd is experiencing a price increase, with its current price at Rs. 314.20, reflecting a rise of Rs. 6.15 or 2.0%. The stock has been on a positive trajectory, gaining for the last 12 days and achieving a total return of 26.72% during this period. Today, it reached a new 52-week and all-time high of Rs. 314.20, and it opened with a gain of 2%. The stock is also performing well against its moving averages, trading higher than the 5-day, 20-day, 50-day, 100-day, and 200-day averages. There is no available information on positive or negative factors that could influence the stock's movement.
Broader Market Context: In the context of the broader market, Corporate Merchant Bankers Ltd has significantly outperformed the benchmark Sensex, which has declined by 0.86% over the past week while the stock itself has risen by 8.21%. Over the last month, the stock has surged by 48.35%, contrasting sharply with the Sensex's modest gain of 1.57%. Year-to-date, the stock's remarkable increase of 1789.36% stands in stark contrast to the Sensex's 6.50% rise, highlighting the stock's strong performance relative to the overall market.