Why is Forge Auto falling/rising?

As of 12-Sep, Forge Auto International Ltd is experiencing a price increase, currently at Rs 170.10, which reflects a rise of Rs 5.65 or 3.44%. The stock has shown strong performance recently, with a one-week return of 14.74% and a one-month return of 37.40%. It is currently trading close to its 52-week high, just 3.17% away from Rs 175.5. Additionally, the stock is outperforming its sector by 2.87% today and is trading above all key moving averages, indicating a strong upward trend. Furthermore, there has been a significant increase in investor participation, with delivery volume rising by 233.33% compared to the five-day average, which suggests heightened interest and confidence among investors.
In the broader market context, Forge Auto's impressive short-term performance stands in stark contrast to the Sensex, which has only increased by 1.51% over the past week. This indicates that the stock is not only gaining traction on its own but is also outperforming the overall market significantly. The year-to-date return of 121.05% further emphasizes the stock's strong position relative to the benchmark, which has only risen by 6.21% in the same period. This combination of robust stock-specific factors and favorable comparisons to the broader market contributes to the positive momentum observed in Forge Auto's stock price.