Why is Darjeeling Ropew falling/rising?

As of 06-Oct, Darjeeling Ropeway Company Ltd's stock price is rising, currently at Rs. 70.21, reflecting an increase of Rs. 2.95 or 4.39%. The stock has been performing strongly, having reached a new 52-week high of Rs. 70.62 today. It has outperformed its sector by 3.18% and has shown a consecutive gain over the last seven days, with a total return of 13.28% during this period. Additionally, the stock is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a strong upward trend. Rising investor participation is also evident, with a 30.51% increase in delivery volume compared to the 5-day average, contributing positively to the stock's momentum.
In the broader market context, the stock has significantly outperformed the benchmark Sensex, with a 1-week return of 9.70% compared to the Sensex's 1.77%, and a year-to-date return of 74.05% versus the Sensex's 4.67%. This strong performance relative to the benchmark suggests that investor sentiment towards Darjeeling Ropeway Company Ltd is robust, likely driven by positive market conditions and investor confidence in the company's prospects. Overall, the combination of strong price movements, positive trading indicators, and favorable comparisons to the benchmark supports the stock's rising trend.