Why is Darjeeling Ropew falling/rising?

As of 23-Oct, Darjeeling Ropeway Company Ltd is experiencing a price increase, currently at Rs 68.44, which reflects a rise of Rs 3.25 or 4.99%. The stock has shown strong performance today, outperforming its sector by 4.85% and has been on a consecutive gain streak for the last three days, accumulating a total return of 15.73% during this period. Additionally, the stock opened with a gain of 4.31% today and reached an intraday high of Rs 68.44. It is also trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a positive trend. Furthermore, there has been a notable increase in investor participation, with delivery volume rising by 90.21% compared to the 5-day average, suggesting heightened interest in the stock.
In the broader market context, Darjeeling Ropeway's short-term performance has significantly outpaced the benchmark, with a 1-week return of 10.19% compared to the Sensex's 1.30%. Over the past month, the stock has returned 8.22%, again surpassing the Sensex's 2.99%. Year-to-date, it has achieved a remarkable return of 69.66% against the Sensex's 8.21%, and over the past year, it has soared by 278.96% compared to the Sensex's 5.59%. This strong performance relative to the benchmark indicates robust investor confidence and market support for Darjeeling Ropeway Company Ltd, contributing to its rising stock price.