Why is Corporate Merch falling/rising?

As of 17-Nov, Corporate Merchant Bankers Ltd is experiencing a price increase, currently at Rs. 353.70, reflecting a rise of Rs. 6.9 or 1.99%. The stock has been on a strong upward trend, gaining for the last 18 days and achieving a remarkable 42.65% return over this period. It has also reached a new 52-week and all-time high today. The stock is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating strong momentum. Additionally, it has outperformed its sector by 1.57%. There is no information available regarding any positive or negative factors that could influence the stock's recent movement.
In the broader market context, Corporate Merchant Bankers Ltd has significantly outperformed the benchmark Sensex, which has only increased by 1.69% over the past week, compared to the stock's impressive 10.38% gain. Over the past month, the stock has risen by 42.65%, while the Sensex has only seen a 1.19% increase. This stark contrast highlights the stock's strong performance relative to the market, contributing to its rising price.