Why is Exhicon Events falling/rising?

As of 03-Nov, Exhicon Events Media Solutions Ltd is experiencing a price increase, currently at Rs 488.75, which reflects a rise of Rs 37.7 or 8.36%. The stock has shown strong performance today, outperforming its sector by 8.76% and reaching an intraday high of Rs 492. Over the past week, the stock has gained 7.93%, and it has also demonstrated impressive returns over the past month and year, with increases of 13.70% and 100.31%, respectively. Despite high volatility today, with an intraday fluctuation of 5.01%, the stock is trading above all key moving averages, indicating a bullish trend. However, there has been a slight decline in investor participation, as the delivery volume has decreased by 2.23% compared to the five-day average.
Broader Market Context: In comparison to the benchmark Sensex, which has seen a decline of 0.94% over the past week, Exhicon's performance stands out positively. While the Sensex has gained 3.41% over the past month, Exhicon's return of 13.70% significantly surpasses this, highlighting its strong relative performance. Year-to-date, Exhicon has achieved a return of 34.64%, compared to the Sensex's 7.47%, further emphasizing its strength in the current market environment. Overall, the stock's upward movement can be attributed to its robust performance metrics and favorable comparisons to the broader market, despite some signs of reduced investor engagement.