Why is Fraser & Company falling/rising?

As of 20-Oct, Fraser and Company Ltd is experiencing a price increase, currently at 9.58, reflecting a rise of 0.63 or 7.04%. The stock has shown strong performance, gaining 29.46% over the last three days and outperforming its sector by 7.18% today. Additionally, it has consistently traded above its moving averages across various time frames, indicating a bullish trend. The stock's year-to-date return stands at 17.84%, and it has achieved an impressive 86.74% increase over the past year, significantly outpacing the Sensex, which has only risen by 3.86% in the same period. There is no information available regarding positive or negative factors that could further explain the stock's recent movement.
Broader Market Context: In the short term, Fraser and Company has outperformed the Sensex, which has only increased by 2.47% over the past week compared to the stock's remarkable 16.97% gain. This substantial outperformance highlights the stock's strong momentum relative to the broader market. The rising investor participation, evidenced by a significant increase in delivery volume, suggests growing confidence among investors, contributing to the stock's upward trajectory. Overall, the combination of strong individual performance and favorable market conditions has led to the stock's rising price.