Why is Corporate Merch falling/rising?

As of 12-Nov, Corporate Merchant Bankers Ltd is experiencing a price increase, with its current price at 333.35, reflecting a rise of 6.5 (1.99%). The stock has hit a new 52-week and all-time high today, and it has been on a consecutive gain streak for the last 15 days, accumulating a remarkable 34.44% return during this period. Additionally, the stock is outperforming its sector by 1.3% and is trading above all key moving averages, indicating strong upward momentum. The stock's year-to-date return stands at an impressive 1904.51%, significantly outpacing the Sensex's 8.10% increase, although there is no information available regarding positive or negative factors that could further explain its recent movement.
In the broader market context, Corporate Merchant Bankers Ltd has shown exceptional short-term performance, with a 10.36% increase over the past week, compared to the Sensex's modest 1.21% rise during the same period. This stark contrast highlights the stock's strong relative strength and investor interest, contributing to its upward price trajectory. The stock's liquidity is also favorable, allowing for sufficient trading activity, which supports its price stability and growth. Overall, the combination of strong performance metrics and favorable trading conditions suggests a robust demand for the stock in the current market environment.